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    FSC to Work on Turning Crisis Situation into Opportunity for Digital Innovation

    June 02, 2020
  • FSC Vice Chairman Sohn Byungdoo held the 6th financial risk assessment meeting on June 2 to review the current status of the COVID-19 financial support for businesses and households.
    * Please refer to the attached PDF for details.


    FSC Designates 4 More Financial Solutions as 'Innovative Financial Services'

    05 28, 2020
  • The FSC added four more financial solutions to the financial regulatory sandbox on May 27, bringing the total number of 'innovative financial services' to 106 since launching the financial regulatory sandbox program on April 1, 2019.
    * Please refer to the attached PDF for details.


    FSC Chairman Highlights Importance of Timing and Sufficient Provision of Support for Key Industries

    05 28, 2020
  • FSC Chairman Eun Sung-soo delivered congratulatory remarks at a launch event of the key industry stabilization fund on May 28.
    * Please refer to the attached PDF for details.


    FSC Chairman Speaks on Fintech Innovation as Part of Post-COVID-19 Strategy

    05 28, 2020
  • FSC Chairman Eun Sung-soo delivered welcoming remarks during the opening session of the 2020 Korea Fintech Week held virtually from May 28.
    * Please refer to the attached PDF for details.


    Vice Chairman Holds Talks on Promoting Market-Based Corporate Restructuring

    05 28, 2020
  • FSC Vice Chairman Sohn Byungdoo held talks on promoting more market-based approaches to corporate restructuring with relevant institutions and market experts on May 28.
    * Please refer to the attached PDF for details.


    2020 Online Korea Fintech Week

    05 27, 2020
  • The 2nd Korea Fintech Week will be held virtually starting at 10 am on May 28. It is organized into five sessions, and the virtual exhibitions are open to everyone for viewing at free of charge via www.fintechweek.or.kr/2020.
    * Please refer to the attached PDF for details.


    Vice Chairman Calls for Close Cooperation between Businesses, Creditors and Lending Institutions

    05 26, 2020
  • FSC Vice Chairman Sohn Byungdoo held the 5th financial risk assessment meeting on May 26 to check the current status of the COVID-19 financial support for businesses and households.
    * Please refer to the attached PDF for details.


    Improvements in Payinfo System to Boost Consumer Convenience

    05 25, 2020
  • The FSC announced that switching automatic transfer accounts using 'Payinfo' will be possible between banks and non-banks beginning on May 26, which will help improve convenience for consumers and promote competition between financial institutions.
    * Please refer to the attached PDF for details.


    Plans to Create Key Industry Stabilization Fund

    05 20, 2020
  • The government announced detailed plans for the operation of the key industry stabilization fund on May 20.

    * Please refer to the attached PDF for details.


    Government Unveils Plans to Create SPV to Support Corporate Bond and CP Markets

    05 20, 2020
  • The government announced on May 20 specific plans to create a special purpose vehicle (SPV) aimed at supporting the corporate bond and commercial paper markets.
    * Please refer to the attached PDF for details.