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  • 03 / 25 / 2013
  • National Happiness Fund To Be Launched

  • The FSC unveiled details about the National Happiness Fund, which will be officially launched on March 29, 2013.

    *Please read the attached file for details.

  • pdf 130325 - National Happiness Fund.pdf
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  • 03 / 21 / 2013
  • FSC Response to Cyberattack on Bank Servers

  • At around 2 pm on March 20, some banks including Nonghyup Bank, Shinhan Bank, and Cheju Bank suffered computer network failures. As of 11 am on March 21, banks except some branches of Nonghyup have restored their operations.

    *Please read the attached file for details.

  • pdf 130321 - Cyberattack Response.pdf
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  • 03 / 08 / 2013
  • FSC Emergency Meeting after the Adoption of U.N. Security Resolution against North Korea

  • As the U.N. Security Council unanimously adopted new sanctions against North Korea’s nuclear test on February 12, the FSC Vice Chairman Choo Kyung-ho convened an emergency meeting this morning to discuss possible impact that the adoption of U.N. resolution would bring to financial markets.

    *Please read the attached file for details.

  • pdf 130308 - FSC Emergency Meeting on UN Security Resolution against NK.pdf
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  • 03 / 04 / 2013
  • Revision Bill on the FSCMA Approved by the Legislation and Judiciary Committee of the National Assembly

  • The Legislation and Judiciary Committee of the National Assembly approved the revision bill on the Financial Investment Services and Capital Markets Act (FSCMA) on March 4, 2013, which includes the creation of a central counterparty clearing house (CCP) and reflects related changes in the Commercial Act amended in April 2012.

    *Please read the attached file for details.

  • pdf 130304 - Revision Bill on FSCMA.pdf
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  • 02 / 28 / 2013
  • FSC/FSS Joint Meeting on Domestic and Overseas Financial Market Situations

  • The FSC Vice Chairman Choo Kyungho convened an FSC/FSS joint meeting on February 28, 2013 to review recent developments of current global issues such as Italy's election and the US sequester, analyze the impact on financial markets home and abroad and discuss policy responses in the future.

    *Please read the attached file for dertails.

  • pdf 130228 - FSC-FSS Joint Meeting.pdf
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  • 02 / 26 / 2013
  • Plan for Introduction of Synthetic ETFs

  • The FSC approved a revision to the KOSPI Market Listing Regulation submitted by the Korea Exchange (KRX) at its regular meeting on February 22, 2013 to lay a foundation for introducing synthetic Exchange Traded Funds (ETFs) to the KOSPI Market and strengthen criteria for listing and delisting ETFs. *Please read the attached file for details.
  • pdf 130226 - Synthetic ETFs.pdf
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  • 02 / 12 / 2013
  • FSC/FSS Emergency Meeting on the Effects of North Korea's Nuclear Test

  • The FSC Vice Chairman Choo Kyungho convened an FSC/FSS emergency meeting at 2:30 pm after North Kroea had conducted underground nuclear test Tuesday on February 12, 2013 to discuss the effects of the nuclear test on Korea's financial market and measures to be taken to keep market stability.

    *Please read the attached file for details.

  • pdf 130212_Emergency Meeting on North Korea Nuclear Test.pdf
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  • 01 / 29 / 2013
  • Covered Bonds Act Approved at Cabinet Meeting

  • The bill on the Covered Bonds Act was approved at the Cabinet meeting on January 29. 2013, which will be submitted for parliamentary approval in February 2013.

    * Please read the attached file for details.

    * For details about the Covered Bond Act, please refer to our press release "Legislation Notice of Covered Bonds Act" published on October 23, 2012.

  • pdf 121023 - Introduction of CBA.pdf
    pdf 130129 - CBA.pdf
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