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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.


  

Measures to Improve Stock Trading System

    Measures to Improve Stock Trading System

    05 29, 2018
  • The FSC announced measures to improve the safety of stock trading system, aiming to prevent a repeat of last month's 'fat finger' incident at Samsung Securities.

    *Please read the attached file for details.


  

Plan to Facilitate the Use of Movable Assets as Collateral

    Plan to Facilitate the Use of Movable Assets as Collateral

    05 23, 2018
  • The FSC outlined its plan to make it easier for SMEs to borrow from banks, using their movable properties as collateral.

    *Please read the attached file for details


  

Progress in Financial Reform and Policy Tasks Ahead

    Progress in Financial Reform and Policy Tasks Ahead

    05 09, 2018
  • FSC Chairman Choi JongKu held a press conference on May 9 to brief on progress the FSC has made in its financial reform initiatives and explain financial policy tasks ahead.

    *Please read the attached file for details


  

Regulatory Reform on Entry Barriers to Financial Services Industry

    Regulatory Reform on Entry Barriers to Financial Services Industry

    05 04, 2018
  • The FSC outlined its plan on regulatory reform on entry barriers to financial services business in a bid to promote competiton and innovation in the financial sector.

    * Please read the attached file for details.


  

Result of 2018 Annual General Meetings of Listed Companies

    Result of 2018 Annual General Meetings of Listed Companies

    April 04, 2018
  • This year marked the first time that listed companies held Annual General Meetings of shareholders since the abolition of the so-called 'shadow-voting' practice at the end of last year.

    *Please read the attached file for details


  

Mandatory Disclosure of Corporate Governance to be Phased in from 2019

    Mandatory Disclosure of Corporate Governance to be Phased in from 2019

    March 23, 2018
  • The FSC and KRX plan to introduce mandatory disclosure of corporate governance into Kospi-listed companies with total asset value of more than KRW 2 trillion starting from 2019.

    *Please read the attached file for details


  

Plan to Improve Corporate Governance of Financial Companies and Relevant Regulations

    Plan to Improve Corporate Governance of Financial Companies and Relevant Regulations

    March 15, 2018
  • The FSC announced its plan to amend the Act on Corporate Governance of Financial Companies and its subordinate regulations, aimed to address problems found in the actual practice of implementing corporate governance rules by financial companies.

    *please read the attached file for details.