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    FSC to Ease Restrictions on Information Sharing in Financial Investment Business

    05 27, 2019
  • The FSC proposed reforms to the Financial Investment Services and Capital Markets Act (FSCMA) to improve business conduct rules on financial investment business.


    Results of Evaluation for Preliminary Approval for Additional Online-only Bank Licenses

    05 26, 2019
  • The FSC rejected applications filed by 'Kiwoom Bank' and 'Toss Bank' for preliminary approval for online-only bank licenses as the two applicants both fell short of the standards for online-only banks by an evaluation committee.


    FSC Holds Korea Fintech Week 2019

    05 23, 2019
  • Korea Fintech Week 2019 is held from May 23 to 25 at Dongdaemoon Design Plaza(DDP), Seoul.


    Regulatory Reforms to Promote Robo-Advisory Services

    05 16, 2019
  • The FSC reformed the Financial Investment Business Regulation to promote robo-advisory services.


    FSC Secretary General Holds Meeting on Soundness of Household and Individual Business Loans

    05 16, 2019
  • FSC Secretary General Sohn Byungdoo convened a meeting with the FSS and the KIF on May 15, to monitor the soundness of household and individual business loans.


    Implementation of Basel III Regulations to be Delayed for New Online-only Banks

    05 15, 2019
  • The FSC approved amendments to the relevant regulations on May 15, 2019 to grant two to three years of grace period for the implementation of Basel III regulations for new online-only banks.


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

    05 15, 2019
  • The FSC designated eight additional financial services as 'innovative financial services' to be accepted into financial regulatory box.


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

    05 02, 2019
  • The FSC designated nine additional financial services as 'innovative financial services' to be accepted into financial regulatory sandbox.


    Government Proposes Measures to Improve Corporate Practices of Annual General Meetings

    April 24, 2019
  • The Financial Services Commission and the Ministry of Justice jointly proposed comprehensive measures to improve corporate practices of annual general meetings in an attempt to encourage the participation and engagement of shareholders.


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

    April 17, 2019
  • The FSC announced the first batch of financial service providers accepted into its financial regulatory sandbox.