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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.


  

Regulatory Reform to be Pursued for Online-only Banks

    Regulatory Reform to be Pursued for Online-only Banks

    August 07, 2018
  • The FSC held an event, attended by President Moon Jae-in, to assess positive changes that Korea's two onlin-only banks have made and discuss challenges ahead for further financial innovation.


  

FSC Reshuffles Organizational Structure

    FSC Reshuffles Organizational Structure

    July 17, 2018
  • The FSC plans a major organizational reshuffle to better protech financial consumers and proactively respond to financial innovation in the fourth industrial revolution era.


  

SFC's Ruling on Samsung BioLogics

    SFC's Ruling on Samsung BioLogics

    July 12, 2018
  • The SFC on July 12, 2018 made its ruling on Samsung BioLogics.


  

FSC Identifies D-SIBs for 2019

    FSC Identifies D-SIBs for 2019

    June 27, 2018
  • The FSC identified on June 27 four bank holding companies and one bank as systemically important banks (D-SIBs) for 2019.

    *Please read the attached file for details


  

Revision to Virtual Currency Anti-Money Laundering Guidelines

    Revision to Virtual Currency Anti-Money Laundering Guidelines

    June 27, 2018
  • The Korea Financial Intelligence Unit (KoFIU) proposed a revision to the Virtual Currency Anti-Money Laundering Guidelines to address some insufficiencies related with the implementation of the Guidelines.

    *Please read the attached file for details


  

Draft Bill Proposed for Introduction of Regulatory Framework for Financial Benchmarks

    Draft Bill Proposed for Introduction of Regulatory Framework for Financial Benchmarks

    June 18, 2018
  • The FSC proposed a draft bill to introduce a regulatory framework for financial benchmarks.

    *Please read the attached file for details.