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  • 08 / 30 / 2007
  • Mr. William A. Ryback, Former Deputy Chief Executive of Hong Kong Monetary Authority, to Join the Financial Supervisory Service

  • The Financial Supervisory Service announced on August 30 the appointment of Mr. William A. Ryback, the former Deputy Chief Executive of Hong Kong Monetary Authority (HKMA), as Special Advisor to the FSS to help improve financial market regulation and foster global standards. The FSS expects Mr. Ryback to play an active role as well in helping the FSS strengthen its supervisory networks and cooperation with foreign regulators and international regulatory organizations.
  • pdf William A. Ryback to Join the FSS.pdf
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  • 08 / 27 / 2007
  • Regulatory Amendment Planned for Carbon Funds

  • Financial Supervisory Commission and the Financial Supervisory Service announced that regulatory amendment is planned in September for the introduction of carbon funds.
  • pdf Regulatory Amendment Planned for Carbon Funds.pdf
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  • 08 / 07 / 2007
  • Chairman/Governor Kim Yong-Duk Takes Office at Financial Supervisory Commission and Financial Supervisory Service

  • The Financial Supervisory Commission and the Financial Supervisory Service announced that Mr. Kim Yong-Duk took office as the sixth Chairman and Governor of the Financial Supervisory Commission and the Financial Supervisory Service on August 6. Chairman/Governor Kim succeeds Mr. Yoon Jeung-Hyun, whose three-year term ended on August 3. Mr. Kim served as Economic Advisor to the President before assuming his new position.
  • pdf Chairman-Governor Kim Yong-Duk Takes Office.pdf
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  • 06 / 22 / 2007
  • FSC/FSS to Host Second Asian Forum of Insurance Regulators in Seoul

  • The Financial Supervisory Commission and the Financial Supervisory Service will host the Second Asian Forum of Insurance Regulators (AFIR) in Seoul on June 27, 2007. AFIR is a gathering of insurance regulators from across Asia to promote regional dialogue and cooperation on insurance supervision and facilitate sound development of insurance markets throughout Asia.
  • pdf FSC-FSS to Host Second AFIR Meeting in Seoul June 27, 2007.pdf
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  • 06 / 14 / 2007
  • Bank BIS Capital Ratios, March, 2007, and Implementation of Basel II Capital Accord

  • Bank BIS capital ratios as of the end of March, 2007, came to 12.99%, up from 12.75% at end-2006. With bank net income totaling KRW6.6 trillion for the first three months of 2007, bank capital increased 5.0% or KRW5.9 trillion while risk-weighted assets grew 3.0%. Tier-1 capital rose 7.4% or KRW6.3 trillion, but tier-2 capital experienced a modest drop of 1.0% or KRW300 billion. The capital ratio jumped for 12 banks but fell for six others during the January-March period.
  • pdf Bank BIS Capital Ratios, March 2007.pdf
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  • 05 / 25 / 2007
  • Chairman/Governor Yoon Jeung-Hyun to Hold Roundtable Meeting in London and Deliver Keynote Speech at IIF Spring Membership Meeting in Athens

  • Chairman/Governor Yoon Jeung-Hyun of Financial Supervisory Commission and Financial Supervisory Service is scheduled to travel to Basel, London, and Athens from May 24 to June 3 to meet with high-level regulators, hold a roundtable meeting with senior executives of global financial firms, and deliver the keynote speech at the Spring Membership Meeting of the Institute of International Finance (IIF).
  • pdf Chairman-Governor Yoon Jeung-Hyun to Hold High-Level Meeting in Athens.pdf
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  • 05 / 17 / 2007
  • New Electronic Foreign Investor Registration Service to Begin June 1

  • The Financial Supervisory Service announced that a new electronic registration service that processes foreign investors¡¯ registration applications and issues registration certificates electronically will begin June 1, 2007.
  • pdf New Electronic Foreign Investor Registration Service to Begin June 1.pdf
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  • 05 / 11 / 2007
  • IIF-FSC/FSS Strategic Dialogue on Effective Regulation

  • The Financial Supervisory Commission/Financial Supervisory Service jointly hosted with the Washington DC-based Institute of International Finance (IIF) Asia¡¯s first ¡°Strategic Dialogue on Effective Regulation¡± on May 10, 2007. The meeting was held in Seoul and attended by senior regulators from ten regulatory authorities and central banks in the Asia/Pacific region and executives and representatives from global financial services firms that are active in the region.
  • pdf IIF-FSC-FSS Strategic Dialogue on Effective Regulation.pdf
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  • 04 / 05 / 2007
  • Bank BIS Capital Ratios, 2006

  • Bank BIS capital ratios at the end of 2006 averaged 12.75%, slightly down from 12.95% at end-2005.
  • pdf Bank BIS Capital Ratios, 2006.pdf
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