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Revision to Regulation on Supervision of Banking Business

    Revision to Regulation on Supervision of Banking Business

    December 24, 2014
  • The FSC approved revisions to the Regulation on Supervision of Banking Business including introduction of Liquidity Coverage Ratio(LCR) and changes to calculation of the ratio of Korean-won denominated loans to deposits.

    *Please read the attached file for details.


  

Bidding Results for Woori Bank Shares

    Bidding Results for Woori Bank Shares

    December 04, 2014
  • The Public Fund Oversight Committee(PFOC) held its 103rd meeting on December 4 after receiving the bidding results for Woori Bank shares from the Korea Deposit Insurance Corporation(KDIC).

    *Please read the attached file for details.


  

Plan to Revitalize Korea's Stock Market

    Plan to Revitalize Korea's Stock Market

    November 26, 2014
  • The FSC announced a set of measures to revitalize Korea's stock market, which has been in a slump in recent years.

    *Please read the attached file for details.


  

Korea's Reunification & Financial Policy Tasks

    Korea's Reunification & Financial Policy Tasks

    November 18, 2014
  • * Please note that this material is to encourage constructive discussion among academia, policy banks and financial institutions about Korea's reunification. This is not the Korean government's official stance at the moment, which needs further discussion in the future.


  

Plan to Improve Financial Holding Company System

    Plan to Improve Financial Holding Company System

    October 29, 2014
  • The FSC plans to improve regulations and provide policy support to maximize effectiveness of financial holding company system.

    *Please read the attached file for details.


  

The Sales Process for Minority Shares in Woori Bank

    The Sales Process for Minority Shares in Woori Bank

    October 27, 2014
  • The sales process for minority shares in Woori Bank has started with a public announcement made on October 27, 2014.

    *Please read the attached file for details.


  

Plan to Improve Prudential Regulations on the Asset Management Industry

    Plan to Improve Prudential Regulations on the Asset Management Industry

    September 29, 2014
  • The FSC set out its plan to improve prudential regulations on the asset management industry. The plan includes the abolishment of the NCR rules and management evaluation and the reform of prompt corrective action scheme.

    *Please read the attached file for details.


  

Introduction of LCR under Basel III

    Introduction of LCR under Basel III

    August 26, 2014
  • The FSC announced its plan to introduce liqudity coverage ratio(LCR) as the LCR is set to globally implemented starting January 2015.

    *Please read the attached file for details.


  

Action Plan to Promote Creative Finance

    Action Plan to Promote Creative Finance

    August 25, 2014
  • The paradigm shift to creative finance calls for a new role of finance. The FSC has been pushing forward creative finance to finance start-ups and venture businesses with creative ideas and innovative technology.

    *Please read the attached file for details.


  

Plan to Improve License System for Financial Investment Business

    Plan to Improve License System for Financial Investment Business

    July 15, 2014
  • The FSC announced its plan to ease regulations on license system for financial investment business, which includes integrating business units for license, currently overly subdivided, and simplifying license process.

    *Please read the attached file for details.