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Basel III Capital Regulations to be Implemented from December 2013

    Basel III Capital Regulations to be Implemented from December 2013

    05 31, 2013
  • Korea has already finalized preparation of relevant rules for the implementation of Basel III.

    *Please read the attached file for details.


  

'Growth Ladder Fund' to be Launched to Support SMEs and Venture Companies

    'Growth Ladder Fund' to be Launched to Support SMEs and Venture Companies

    05 24, 2013
  • A healthy funding ecosystem for start-ups and investors is an essential foundation for "Creative Economy" and "Creative Finance".

    *Please read the attached file for details.


  

Debts Held by Joint Sureties during the Asian Financial Crisis to be Written-off

    Debts Held by Joint Sureties during the Asian Financial Crisis to be Written-off

    05 21, 2013
  • Joint sureties heavily indebted as a result of business bankruptcy during the Asian financial crisis are still facing difficulty in returning to normal economic activities.

    *Please read the attached file for details.


  

Amendments to the 'Best Practice Guideline for Financial Consumer Protection'

    Amendments to the 'Best Practice Guideline for Financial Consumer Protection'

    05 10, 2013
  • *Please read the attached file for details.

  

Comprehensive Measures to Eradicate Unfair Transaction

    Comprehensive Measures to Eradicate Unfair Transaction

    April 18, 2013
  • The government, in close coordination with relevant agencies, came up with a package of measures to eradicate unfair transactions such as stock price manipulations.

    *Please read the attached file for details.


  

Financial Policy Agenda for 2013

    Financial Policy Agenda for 2013

    April 03, 2013
  • The FSC set three missions for 2013 with nine key policy tasks.

    *Please read the attached file for details.


  

National Happiness Fund To Be Launched

    National Happiness Fund To Be Launched

    March 25, 2013
  • The FSC unveiled details about the National Happiness Fund, which will be officially launched on March 29, 2013.

    *Please read the attached file for details.


  

FSC Response to Cyberattack on Bank Servers

    FSC Response to Cyberattack on Bank Servers

    March 21, 2013
  • At around 2 pm on March 20, some banks including Nonghyup Bank, Shinhan Bank, and Cheju Bank suffered computer network failures. As of 11 am on March 21, banks except some branches of Nonghyup have restored their operations.

    *Please read the attached file for details.


  

FSC Emergency Meeting after the Adoption of U.N. Security Resolution against North Korea

    FSC Emergency Meeting after the Adoption of U.N. Security Resolution against North Korea

    March 08, 2013
  • As the U.N. Security Council unanimously adopted new sanctions against North Korea’s nuclear test on February 12, the FSC Vice Chairman Choo Kyung-ho convened an emergency meeting this morning to discuss possible impact that the adoption of U.N. resolution would bring to financial markets.

    *Please read the attached file for details.


  

Revision Bill on the FSCMA Approved by the Legislation and Judiciary Committee of the National Assembly

    Revision Bill on the FSCMA Approved by the Legislation and Judiciary Committee of the National Assembly

    March 04, 2013
  • The Legislation and Judiciary Committee of the National Assembly approved the revision bill on the Financial Investment Services and Capital Markets Act (FSCMA) on March 4, 2013, which includes the creation of a central counterparty clearing house (CCP) and reflects related changes in the Commercial Act amended in April 2012.

    *Please read the attached file for details.