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  • 07 / 23 / 2013
  • Reform Plan of Financial Supervisory System

  • The FSC reported a reform plan of financial supervisory system at the cabinet meeting on July 23 to be submitted to the National Assembly this week.

    *Please read the attached file for details.

  • pdf 130723_-_Reform_Plan_of_Financial_Supervisory_System.pdf
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  • 07 / 12 / 2013
  • Comprehensive Measures to Reinforce Financial Institutions' Data Security

  • The FSC announced 'Comprehensive Measures to Reinforce Financial Institution's Data Security' on July 12, 2013.

    *Please read the attached file for details.

  • pdf 130712_Financial Institutions' Data Security.pdf
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  • 07 / 08 / 2013
  • Measures to Normalize Corporate Bond Market

  • The FSC announced measures to invigorate the sluggish corporate bond market as a preemptive response to prevent worsening corporate funding condition and destabilizing factors in corporate bond market from spilling over the broader economy.

    *Please read the attached file for details.

  • pdf 130709_Measures_to_Normalize_Corporate_Bond_Market.pdf
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  • 07 / 07 / 2013
  • Insurance Coverage by Local Insurers for Asiana Airline Accident

  • The Boeing 777 owned by Asiana Airlines that crashed in San Francisco is under aviation insurance worth a total of USD 2.38 billion.

    *Please read the attached file for details.

  • pdf 130707_Insurance Coverage for Asiana Airline.pdf
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  • 07 / 02 / 2013
  • Basel III Capital Regulations To Be Implemented From December 2013

  • Basel III capital regulations will be gradually implemented to the banking sector from December 2013 as the revised Regulation on Supervision of Banking Institutions is scheduled to take effect.

    *Please read the attached file for details.

  • pdf 130702_-_Basel_III_regulations.pdf
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  • 06 / 26 / 2013
  • Plan for Privatization of Woori Finance Holdings

  • The Public Funds Oversight Committee announced the privatization plan for Woori Finance Holdings after its 78th meeting on June 26, 2013.

    *Please read the attached file for details.

  • pdf 130626_Privatization Plan for Woori Finance Holdings.pdf
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  • 06 / 24 / 2013
  • Regulations on Financial Institutions' Outsourcing of Data Processing Business and IT Facilities

  • The FSC approved the proposed legislation of 'Regulations on Financial Institutions' Outsourcing of Data Processing Business and IT Facilities' on June 19, 2013.

    *Please read the attached file for details.

  • pdf 130620 - Regulation on Outsourcing Data Processing Business.pdf
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  • 06 / 18 / 2013
  • Measures to Improve Financial Institutions' Corporate Governance

  • The FSC formed a task force team to work on 'measures to improve financial institutions' corporate governance' on April 19, 2013 and came up with the draft of measures based on what have been discussed so far.

    *Please read the attached file for details.

  • pdf 130618 - Measures to Improve Financial Institution_s Corporate Governance.pdf
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  • 06 / 14 / 2013
  • Revision to Enforcement Decree of the Financial Investment Services and Capital Markets Act (FSCMA)

  • In line with the revision to the FSCMA, the FSC plans to revise the Enforcement Decree of the FSCMA to stipulate specific terms on matters delegated by the Act.

    *Please read the attached file for details.

  • pdf 130614_-_Revision_to_Enforcement_Decree_of_FSCMA.pdf
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