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    Measures to Promote Fintech Scale-ups

    December 04, 2019
  • The FSC announced measures to promote fintech scale-ups on December 4, which include 24 key tasks in 8 different policy areas.

    * Please refer to the attached PDF for details.


    Vice Chairman Attends 9th Korea-China-Japan High-level Finance Authorities Meeting

    November 29, 2019
  • Vice Chairman Sohn Byungdoo attended the 9th Korea-China-Japan High-level Finance Authorities Meeting held in Tokyo, Japan on November 29, and discussed ways to enhance trilateral cooperation.

    * Please refer to the attached PDF for details.


    Revision Bill on Credit Information Act Moves Ahead at National Assembly

    November 28, 2019
  • The National Policy Committee of the National Assembly approved a revision bill on the Credit Information Use and Protection Act on November 28.

    * Please refer to the attached PDF for details.


    FSC Signs MOU to Boost IP Financing for Regional SMEs and Startups

    November 28, 2019
  • FSC Chairman Eun Sung-soo attended the 2nd Intellectual Property Finance Forum held on November 28, and signed a Memorandum of Understanding with the Korean Intellectual Property Office, regional banks and guarantee institutions to promote IP financing for regional SMEs and start-ups.

    * Please refer to the attached PDF for details.


    Revision Bill to Introduce AML Requirements on Crypto Assets Moves Ahead at National Assembly

    November 27, 2019
  • The National Policy Committee of the National Assembly approved a revision bill on Reporting and Using Specified Financial Transaction Information on Crypto Assets on November 25.

    * Please refer to the attached PDF for details.


    New Bill on Financial Consumer Protection Moves Ahead at National Assembly

    November 27, 2019
  • The National Policy Committee of the National Assembly approved a Financial Consumer Protection Bill on November 25.

    * Please refer to the attached PDF for details.


    FSC Chairman Speaks on Importance of Innovation in Movable Asset-based Financing

    November 26, 2019
  • FSC Chairman Eun Sung-soo visited a peer-to-peer lending firm Popfunding on November 26, and held talks on promoting innovative financial solutions through movable asset-based financing.

    * Please refer to the attached PDF for details.


    FSC Designates 8 More Financial Solutions as 'Innovative Financial Services'

    November 21, 2019
  • The FSC designated eight additional financial solutions as 'innovative financial services' to be accepted into financial regulatory sandbox on November 20.

    * Please refer to the attached PDF for details.


    FSC Approves Shareholder Qualifications of KIH and KIVAM in Kakao Bank

    November 20, 2019
  • The Financial Services Commission approved Korea Investment Holdings Co., Ltd. (KIH) and Korea Investment Value Asset Management (KIVAM)'s holdings of a 4.99 percent and 29 percent stake each in Kakao Bank on November 20.

    * Please refer to the attached PDF for details.


    Financial Cooperation in ASEAN Region

    November 19, 2019
  • In the financial sector, Korea and ASEAN countries have made an effort to establish strategic partnership to promote economic and financial growth in ASEAN region.

    * Please refer to the attached PDF for details.