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  • 12 / 24 / 2018
  • FSC to Approve Additional Online-onlyl Banks

  • The FSC announced its plans to approve additional online-only banks as the Special Act on the Establishment and Operation of Online-only Banks takes effect on January 17, 2019.

  • pdf 181221 Additional online-only banks.pdf
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  • 12 / 11 / 2018
  • Financial Innovation Support Act Passed in the National Assembly

  • National Assembly passed a legislation called the Financial Innovation Support Act on December, 2018.

  • pdf 181210_Financial Innovation Support Act.pdf
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  • 11 / 26 / 2018
  • FSC Reforms Card Processing Fee Rates

  • The FSC plans to reform card fee rates as part of the government's efforts to ease burdens on small merchants and self-employed business owners.

  • pdf 181126_Card Processing Fees.pdf
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  • 11 / 14 / 2018
  • SFC's Final Ruling on Samsung BioLogics

  • The SFC ruled that Samsung BioLogics intentionally violated accounting rules by changing the accounting treatment of its holding in Samsung Bioepis in 2015.

  • pdf 181114 SFC's Final Ruling on Samsung BioLogics.pdf
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  • 11 / 01 / 2018
  • FSC Proposes Capital Market Reform

  • The FSC proposed capital market initiatives aimed at facilitating fiancing for innovative companies through capital markets.

  • pdf 181101_Capital Market Reform Proposed.pdf
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  • 10 / 29 / 2018
  • FSC Holds Meeting on Financial Market Conditions

  • FSC Vice Chairman Kim Yong-beom convened a meeting with representatives of financial institutions this morning to examine financial market conditions and make sure that Korea's economic and financial conditions are well prepared to deal with the recent market turmoil.

  • pdf 181029 FSC Meeting on Financial Market Conditions.pdf
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  • 10 / 18 / 2018
  • Debt Service Ratio(DSR) to be Introduced as Household Debt Management Standard

  • The FSC will introduce DSR rules in conjunction with other lending standards to reduce household indebtedness and curb rapid growth of household debt.

  • pdf 181018 Introduction of DSR Rules.pdf
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