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FSC to Approve Additional Online-onlyl Banks

    FSC to Approve Additional Online-onlyl Banks

    December 24, 2018
  • The FSC announced its plans to approve additional online-only banks as the Special Act on the Establishment and Operation of Online-only Banks takes effect on January 17, 2019.


  

Large Kospi-listed Companies to make Manatory Disclosure of Key Information About Corporate Governance From 2019

    Large Kospi-listed Companies to make Manatory Disclosure of Key Information About Corporate Governance From 2019

    December 19, 2018
  • The FSC approved amendments to the KRX's Kospi Market Disclosure Regulations.


  

Financial Innovation Support Act Passed in the National Assembly

    Financial Innovation Support Act Passed in the National Assembly

    December 11, 2018
  • National Assembly passed a legislation called the Financial Innovation Support Act on December, 2018.


  

SFC's Final Ruling on Samsung BioLogics

    SFC's Final Ruling on Samsung BioLogics

    November 14, 2018
  • The SFC ruled that Samsung BioLogics intentionally violated accounting rules by changing the accounting treatment of its holding in Samsung Bioepis in 2015.


  

FSC Proposes Capital Market Reform

    FSC Proposes Capital Market Reform

    November 01, 2018
  • The FSC proposed capital market initiatives aimed at facilitating fiancing for innovative companies through capital markets.


  

FSC Holds Meeting on Financial Market Conditions

    FSC Holds Meeting on Financial Market Conditions

    October 29, 2018
  • FSC Vice Chairman Kim Yong-beom convened a meeting with representatives of financial institutions this morning to examine financial market conditions and make sure that Korea's economic and financial conditions are well prepared to deal with the recent market turmoil.


  

Debt Service Ratio(DSR) to be Introduced as Household Debt Management Standard

    Debt Service Ratio(DSR) to be Introduced as Household Debt Management Standard

    October 18, 2018
  • The FSC will introduce DSR rules in conjunction with other lending standards to reduce household indebtedness and curb rapid growth of household debt.


  

Enforcement Decree of the Special Act on the Establishment and Operation of Online-only Bank

    Enforcement Decree of the Special Act on the Establishment and Operation of Online-only Bank

    October 17, 2018
  • The FSC enacted the Enforcement Decree of the Special Act on the Establishment and Operation of Online-only Bank.


  

Financial Measures to Stabilize Housing Prices

    Financial Measures to Stabilize Housing Prices

    September 14, 2018
  • The FSC announced tighter mortgage rules to curb speculative demand in the housing market, as part of the government's measures to rein in soaring housing prices.


  

FSC Names 18 Private Firms as Fund Managers of Growth Support Fund

    FSC Names 18 Private Firms as Fund Managers of Growth Support Fund

    September 03, 2018
  • The FSC named 18 private firms as fund managers of the Growth Support Fund, which aims to raise KRW 3 trillion this year to support the growth of start-ups.