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FSC Improves Prudential Standards Across Financial Services Sectors

    FSC Improves Prudential Standards Across Financial Services Sectors

    October 30, 2015
  • The FSC plans to implement prudential regulations in accordance with global standards, while streamlining prudential standards for each sector to prevent regulatory arbitrage across financial services sectors. * Please read the attached file for details.

  

  

UAMCO To Expand Its Role Into Corporate Restructuring

    UAMCO To Expand Its Role Into Corporate Restructuring

    October 22, 2015
  • United Asset Management Company (UAMCO) will provide KRW 3.25 trillion in seed money for corporate restructuring of financially distressed companies. * Please refer to the attached file for details.

  

  

FSC Roadmap for Insurance Business Reform

    FSC Roadmap for Insurance Business Reform

    October 19, 2015
  • The FSC outlined its plan to overhaul the regulatory framework on insurance business, which will be a remarkable reform initiative in 22 years since the insurance liberalization of 1993. * Please read the attached file for details.

  

  

Measures to Boost Competitiveness of Financial Investment Business

    Measures to Boost Competitiveness of Financial Investment Business

    October 16, 2015
  • The FSC announced its measures to boost competitiveness of financial investment business.

    * Please read the attached file for details.


  

  

FSC Plans to Revise the KDIC-Woori Bank MOU

    FSC Plans to Revise the KDIC-Woori Bank MOU

    October 02, 2015
  • The FSC plans to revise an MOU signed with Woori Bank in 2000 in a bid to boost corporate value of Woori Bank and give the bank more autonomy in its management.

    *Please read the attached file for details


  

  

China's Economic Slowdown and Its Impact on Korea's Economy

    China's Economic Slowdown and Its Impact on Korea's Economy

    September 07, 2015
  • There is a possibility that volatility might increase due to worries over China's economic slowdown and potential spill-over effects of its structural reform. However, market participants view that it is unlikely for Chinese slowdown to cause a serious financial crisis.

    *Please read the attached file for details


  

  

FSC Chairman Meets Foreign Banker Group

    FSC Chairman Meets Foreign Banker Group

    September 04, 2015
  • FSC Chairman Yim Jong-yong held a meeting with the CEOs of foreign banks' branches and representative offices in Korea to listen to their views and suggestions to improve Korea's financial regulatory environment and help resolve difficulties in doing business in Korea. * Please read the attached file for details.

  

  

Opening Remarks by FSC Chairman at Market Monitoring Meeting over Current Stock Market Conditions

    Opening Remarks by FSC Chairman at Market Monitoring Meeting over Current Stock Market Conditions

    August 25, 2015
  • The FSC Chairman Yim Jong-yong convened a meeting with the FSS, KRX, and KCIF at 7 a.m. on August 25 to monitor global and domestic financial market conditions and to discuss measures to weather through the current market turmoil.

    *Please read the attached file for details


  

  

FSC Holds Meeting over Recent Global Financial Market Condition & Its Impact on Korea's Stock Market

    FSC Holds Meeting over Recent Global Financial Market Condition & Its Impact on Korea's Stock Market

    August 21, 2015
  • The FSC held a meeting with the FSS, KRX, and KCIF at 8 a.m. on August 21 to discuss recent global financial market condition and its impact on Korea's stock market.

    *Please read the attached file for details


  

  

KRX Designated as Trade Repository

    KRX Designated as Trade Repository

    August 17, 2015
  • The Korea Exchange(KRX) was designated as a trade repository(TR) on August 17, 2015 to collect, manage, and analyze data related to OTC derivatives transactions.

    *Please read the attached file for details