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A Decision to Reinforce the Elimination of Malignant Rumors in the Stock Market

    A Decision to Reinforce the Elimination of Malignant Rumors in the Stock Market

    October 30, 2008
  • In early September, the Financial Services Commission partnered with other stock market related government agencies to form a Joint Countermeasure Task Force to tackle the recent widespread circulation of malignant rumors regarding the Korean stock market. An unspecified number of rumors have caused an increase in the Korea Exchange to request public inquiries of corporations to verify the nature of the rumors. Moreover, the rumors have been thought not only to disturb the fair trading environment but also to have been the sources for the plunge in certain stocks. There is also suspicion that reports containing negative outlooks from foreign analysts are connected to the initiation of short-selling and market correction. Many of these rumors have been found to be without grounds, thus causing greater concern and sparking the urgency for the development of countermeasures to seek and prevent the sources of the rumors.

  

Regulations Improvement to Provide Liquidity to Financial Market

    Regulations Improvement to Provide Liquidity to Financial Market

    October 29, 2008
  • Regulations Improvement to Provide Liquidity to Financial Market

  

Briefing for Foreign Correspondents

    Briefing for Foreign Correspondents

    October 27, 2008
  • The following briefing items were discussed with foreign correspondents on Monday 27th October, 2008.

  

  

  

  

FSC IR(Resilience Amidst Turbulence)

    FSC IR(Resilience Amidst Turbulence)

    October 27, 2008

  

Interview with the Chairman of the FSC on Bloomberg TV, 21 October, 2008

    Interview with the Chairman of the FSC on Bloomberg TV, 21 October, 2008

    October 22, 2008
  • Kwang Woo Jun, Chairman of the Financial Services Commission, discussed the main issues affecting Korea as a result of the economic global credit crunch during an interview with Bloomberg TV on 21 October, 2008, in Seoul

    Please click to download and view the interview


  

FSC's Published Response to the Financiual Times Articles “Singking feeling” and

    FSC's Published Response to the Financiual Times Articles “Singking feeling” and "Runs rekindle memories of Asian crisis a deccade ago"(October 14 and 15)

    October 20, 2008
  • The following article is the FSC's published response to the FT's Articles “Singking feeling” and "Runs rekindle memories of Asian crisis a deccade ago"(October 14 and 15) on october 20, 2008 p10.


  

Introduction of competitive auction swap facility

    Introduction of competitive auction swap facility

    October 20, 2008

  

Proposed measures to overcome uncertainties in the international financial markets

    Proposed measures to overcome uncertainties in the international financial markets

    October 19, 2008

  

Corrections, Clarifications and Explanations for October 14 Financial Times News Article “Sinking feeling”

    Corrections, Clarifications and Explanations for October 14 Financial Times News Article “Sinking feeling”

    October 17, 2008
  • The Financial Services Commission and the Financial Supervisory Service issue the following corrections, clarifications and explanations for factual errors and questionable assertions made in the October 14 Financial Times news article “Sinking feeling”


  

Briefing for Analysts

    Briefing for Analysts

    October 14, 2008