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    Government Prepares to Launch Asia Region Funds Passport

    October 31, 2019
  • The FSC's proposal to revise the Financial Investment Services and Capital Markets Act for the implementation of the Asia Region Funds Passport was passed at the National Assembly on October 31.

    Open Banking Launched in Banking Sector

    October 30, 2019
  • The open banking system will be pilot-launched in the banking sector on October 30. During the pilot-run period, the government will conduct a comprehensive assessment of the system and make adjustments if necessary before opening the system to fintech firms on December 18.

    Government to Strengthen Financial Cooperation with ASEAN and India

    October 29, 2019
  • FSC Vice Chairman Sohn Byungdoo met with envoys from the Association of Southeast Asian Nations member countries and India on October 28, and held talks on ways to further develop the financial industry in the region and increase cooperation.

    FSC Tightens Regulation on Violation of Short-selling Rules

    October 18, 2019
  • The FSC introduced a revised measure to strengthen regulation on the violation of short-selling rules on October 17.

    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

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

    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

    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

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

    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.