{
  "id": 7668880,
  "title": "Korea offers guidelines for RFI-K under won's internationalization vision",
  "url": "https://urgent.news/2026/09/16/korea-offers-guidelines-for-rfi-k-under-wons-internationalization-7668880",
  "topic": "world",
  "section": "World",
  "published": "2026-09-16T00:52:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/economy/20260916/korea-offers-guidelines-for-rfi-k-under-wons-internationalization-vision"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Korea Times reports that the Korean Ministry of Finance and Economy has revised guidelines for registered foreign institutions (RFIs) as part of its efforts to internationalize the South Korean won. The revisions enable RFIs to open omnibus accounts at domestic foreign exchange banks and settle won transactions through the Bank of Korea Won International Wire Network, facilitating offshore won settlement without time or location constraints. Additionally, institutions seeking to conduct offshore won business must separately register as Registered Foreign Institution for KRW Business (RFI-K), allowing them to serve clients residing outside of Korea and open won-denominated accounts.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "S. Korea offers guidelines for RFI-K under won's internationalization vision",
        "url": "https://urgent.news/2026/09/16/s-korea-offers-guidelines-for-rfi-k-under-wons-internationalization",
        "published": "2026-09-16T00:00:32.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "Korea offers guidelines for RFI-K under won's internationalization vision",
        "url": "https://urgent.news/2026/09/16/korea-offers-guidelines-for-rfi-k-under-wons-internationalization",
        "published": "2026-09-16T00:42:04.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}