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FSC Chairman meets CEOs of financial conglomerates
Jun 11, 2019
FSC Chairman Choi Jong-ku held a meeting on June 11 with the CEOs of financial conglomerates and experts from the private sector and discussed the results of the pilot test of the guidelines for comprehensive supervision on financial conglomerates.
Groundbreaking ceremony of Mapo Innovation Town
Jun 10, 2019
FSC Chairman Choi Jong-ku attened a groundbreaking ceremony of Mapo Innovation Town ('First 1') on June 10, and held a meeting with startup entrepreneurs, institutional investors and other private sector officials to discuss ways to support the growth of startups.
FSC Chairman announces plans to establish financial big data infrastructure
Jun 03, 2019
FSC Chairman Choi Jong-ku attended an opening ceremony of financial big data infrastructure on June 3, and discussed the government's plans to promote digital economy with the use of big data.
Vice Chairman holds meeting to discuss plans to introduce DSR to non-banking sector
May 31, 2019
FSC Vice Chairman Sohn Byungdoo held a meeting on May 30 with the FSS and the non-banking sector to discuss detailed plans to introduce debt service ratio (DSR) to non-banking financial institutions as one of the criteria for managing household loans.
FSC Chairman announces regulatory reforms on derivatives market
May 30, 2019
FSC Chairman Choi Jong-ku announced the government's regulatory reform measures on derivatives markets on May 30, which aims to make Korea's derivatives markets more vibrant and competitive.
Chairman Choi briefs on evaluation results of preliminary approval for online-only bank licenses
May 27, 2019
FSC Chairman Choi Jong-ku announced on May 26 that the FSC decided to reject 'Kiwoom Bank' and 'Toss Bank' for preliminary approval for online-only bank licenses.
Vice Chairman congratulates opening of Korea Fintech Week 2019
May 23, 2019
FSC Vice Chairman Kim Yongbeom attended an opening ceremony of the Korea Fintech Week 2019 on May 23, and delivered congratulatory remarks.
Chairman Choi delivers keynote speech at Korea Fintech Week 2019
May 23, 2019
FSC Chairman Choi Jong-ku delivered a keynote speechat Korea Fintech Week 2019andstatedthat Korea's fintech industry is growing at a rapid pace due to highly developed technology and support from the government.
FSC designates eight additional financial services to be accepted into financial regulatory sandbox
May 16, 2019
FSC announced the designation of eight additional financial services to be accepted into financial regulatory sandbox on May 16.
Secretary General holds meeting on soundness of household and individual business loans
May 15, 2019
FSC Secretary General Sohn Byungdoo convened a meeting on May 15 to monitor the soundness of household and individual business loans. At the meeting, Secretary General Sohn said that more support should be given to financially vulnerable borrowers.
Vice Chairman delievers opening remarks at 2019 Asia Fund Passport Conference
May 10, 2019
FSC Vice Chairman Kim Yongbeom attended the 2019 Asia Fund Passport Conference on May 10, co-hosted by the FSC, FSS and Financial Investment Association. During his opening remarks, Vice Chairman Kim said that the Korean government will work to introduce the fund passport system.
Vice Chairman meets with non-banking sector officials
May 09, 2019
FSC Vice Chairman Kim Yongbeom held a meeting with government representatives and executives from non-banking financial firms on May 9 to ensure effective management of risk factors related to individual and business loans from the non-banking sector.
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