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Measures to Promote Fintech Scale-ups

    Measures to Promote Fintech Scale-ups

    December 04, 2019
  • The FSC announced measures to promote fintech scale-ups on December 4, which includes 24 key tasks in 8 different policy areas.

    * Please refer to the attached PDF for details.


  

Vice Chairman Attends 9th Korea-China-Japan High-level Finance Authorities Meeting

    Vice Chairman Attends 9th Korea-China-Japan High-level Finance Authorities Meeting

    November 29, 2019
  • Vice Chairman Sohn Byungdoo attended the 9th Korea-China-Japan High-level Finance Authorities Meeting held in Tokyo, Japan on November 29, and discussed ways to enhance trilateral cooperation.

    * Please refer to the attached PDF for details.


  

Revision Bill on Credit Information Act Moves Ahead at National Assembly

    Revision Bill on Credit Information Act Moves Ahead at National Assembly

    November 28, 2019
  • The National Policy Committee of the National Assembly approved a revision bill on the Credit Information Use and Protection Act on November 28.

    * Please refer to the attached PDF for details.


  

FSC Signs MOU to Boost IP Financing for Regional SMEs and Startups

    FSC Signs MOU to Boost IP Financing for Regional SMEs and Startups

    November 28, 2019
  • FSC Chairman Eun Sung-soo attended the 2nd Intellectual Property Finance Forum held on November 28, and signed a Memorandum of Understanding with the Korean Intellectual Property Office, regional banks and guarantee institutions to promote IP financing for regional SMEs and start-ups.

    * Please refer to the attached PDF for details.


  

Revision Bill to Introduce AML Requirements on Crypto Assets Moves Ahead at National Assembly

    Revision Bill to Introduce AML Requirements on Crypto Assets Moves Ahead at National Assembly

    November 27, 2019
  • The National Policy Committee of the National Assembly approved a revision bill on Reporting and Using Specified Financial Transaction Information on Crypto Assets on November 25.

    * Please refer to the attached PDF for details.


  

New Bill on Financial Consumer Protection Moves Ahead at National Assembly

    New Bill on Financial Consumer Protection Moves Ahead at National Assembly

    November 27, 2019
  • The National Policy Committee of the National Assembly approved a Financial Consumer Protection Bill on November 25.

    * Please refer to the attached PDF for details.


  

FSC Chairman Speaks on Importance of Innovation in Movable Asset-based Financing

    FSC Chairman Speaks on Importance of Innovation in Movable Asset-based Financing

    November 26, 2019
  • FSC Chairman Eun Sung-soo visited a peer-to-peer lending firm Popfunding on November 26, and held talks on promoting innovative financial solutions through movable asset-based financing.

    * Please refer to the attached PDF for details.


  

FSC Designates 8 More Financial Solutions as 'Innovative Financial Services'

    FSC Designates 8 More Financial Solutions as 'Innovative Financial Services'

    November 21, 2019
  • The FSC designated eight additional financial solutions as 'innovative financial services' to be accepted into financial regulatory sandbox on November 20.

    * Please refer to the attached PDF for details.


  

FSC Approves Shareholder Qualifications of KIH and KIVAM in Kakao Bank

    FSC Approves Shareholder Qualifications of KIH and KIVAM in Kakao Bank

    November 20, 2019
  • The Financial Services Commission approved Korea Investment Holdings Co., Ltd. (KIH) and Korea Investment Value Asset Management (KIVAM)'s holdings of a 4.99 percent and 29 percent stake each in Kakao Bank on November 20.

    * Please refer to the attached PDF for details.


  

Financial Cooperation in ASEAN Region

    Financial Cooperation in ASEAN Region

    November 19, 2019
  • In the financial sector, Korea and ASEAN countries have made an effort to establish strategic partnership to promote economic and financial growth in ASEAN region.

    * Please refer to the attached PDF for details.