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FSC Receives Three Applications for Internet-only Bank License

    FSC Receives Three Applications for Internet-only Bank License

    October 15, 2019
  • The FSC announced that Toss Bank consortium, Soso Smart Bank and Familia Smart Bank have submitted their applications for preliminary license to operate internet-only bank.


  

FSC Proposes Measures To Promote Venture Capital

    FSC Proposes Measures To Promote Venture Capital

    September 26, 2019
  • The FSC unveils measures to boost venture capital investment in innovative business.

  

Electronic Securities System Launched

    Electronic Securities System Launched

    September 16, 2019
  • Korea's electronic scurities system was launched on September 16. 2019, opening a new era for digitization of securities.

  

FSC Reforms Large Shareholding Reporting Rules

    FSC Reforms Large Shareholding Reporting Rules

    September 05, 2019
  • The FSC plans to amend the 5% rule to support institutional investors' shareholder activities.

  

Guidelines on Financial Companies' Investment in Fintech Business

    Guidelines on Financial Companies' Investment in Fintech Business

    September 04, 2019
  • The FSC announced regulatory guidelines to facilitate financial companies' investment in fintech business.

  

Pool of Professional Investors to be Expanded

    Pool of Professional Investors to be Expanded

    August 13, 2019
  • Amendments to the Enforcement Decree of the Financial Investment Services and Capital Markets Act (FSCMA) were approved at a cabinet meeting on August 13, 2019.


  

Implementation Plan for Margin Requirements for Non-centrally Cleared OTC Derivatives

    Implementation Plan for Margin Requirements for Non-centrally Cleared OTC Derivatives

    August 08, 2019
  • The FSC announced its adjusted schedule to implement initial margin requirements for non-centrally cleared derivative transactions in accordance with internationally-agreed standards.


  

FSC Vice Chairman's Remarks on Domestic Financial Market Conditions

    FSC Vice Chairman's Remarks on Domestic Financial Market Conditions

    August 06, 2019
  • FSC Vice Chairman Sohn Byungdoo held a meeting with financial investment experts on August 6th to review the current conditions of Korea's stock markets and discuss measures to mitigate short-term shocks.


  

Government To Provide Financial Support For Companies Affected by Japan's Export Restrictions

    Government To Provide Financial Support For Companies Affected by Japan's Export Restrictions

    August 03, 2019
  • FSC Chairman Choi Jong-ku convened a meeting with officials from relevant organizations to discuss financial support for companies that are affected by Japan's decision to remove Korea from its 'white list.'


  

Sixth Batch of Financial Service Providers Designated as 'Innovative Financial Services' for FSC's Regulatory Sandbox

    Sixth Batch of Financial Service Providers Designated as 'Innovative Financial Services' for FSC's Regulatory Sandbox

    July 25, 2019
  • The FSC designated additional five financial service providers as 'innovative financial services' to be accepted into financial regulatory sandbox.