The Financial Services Commission of South Korea has issued the "Code of Conduct for Public Officials," requiring relevant personnel to declare details of their virtual asset holdings

ChainCatcher news, the Financial Services Commission of South Korea has released a draft revision of the "Code of Conduct for Public Officials," which requires employees involved in virtual asset responsibilities to refrain from using undisclosed information for investment purposes while performing their duties, and mandates internal employees to report detailed information regarding their holdings of virtual assets.

Additionally, it clarifies that the reporting subjects include current public officials engaged in responsibilities related to virtual assets and employees who have engaged in such responsibilities within the last six months. These responsibilities include formulating and implementing policies or regulations related to virtual assets, investigating and reviewing criminal cases related to virtual assets, managing and supervising cryptocurrency exchanges, and supporting and managing the development of virtual asset technologies. A new declaration form has also been established for reporting the types of virtual assets held, acquisition dates, quantities, amounts, and other relevant information. (Source link)