Press Release
  • Financial Policy Plans to Support Innovation-led Growth
    Financial Policy Plans to Support Innovation-led Growth

    Financial Policy Plans to Support Innovation-led GrowthMarch 21, 2019

    The FSC announced financial policy plans to support Korea's innovation-led economic growth.
  • Financial Policy Roadmap for 2019
    Financial Policy Roadmap for 2019

    Financial Policy Roadmap for 2019March 7, 2019

    The FSC laid out a financial policy roadmap for 2019 aimed at promoting financial innovation, ensuring trust and securing financial stability.
  • Banks' Financial Payment System to be Open to Fintech Firms
    Banks' Financial Payment System to be Open to Fintech Firms

    Banks' Financial Payment System to be Open to Fintech FirmsFebruary 25, 2019

    The FSC proposed its plan to establish an open banking system which would allow fintech firms to access banks' payment network, in an effort to encourage development of new payment services and greater competition in the financial sector.
  • FSC to Propose a Bill on P2P Lending
    FSC to Propose a Bill on P2P Lending

    FSC to Propose a Bill on P2P LendingFebruary 11, 2019

    The FSC plans to propose a bill on peer-to-peer(P2P) lending to help P2P sector grow into one of innovative fintech services and provide both investors and borrowers with better protection.
  • Korea Next Exchange (KONEX) to be Revitalized
    Korea Next Exchange (KONEX) to be Revitalized

    Korea Next Exchange (KONEX) to be RevitalizedJanuary 30, 2019

    FSC Chairman Choi JongKu announced a plan for revitalizing KONEX at a meeting with young entrepreneurs and venture capital investors.
  • Follow-up Measures for Capital Market Reform
    Follow-up Measures for Capital Market Reform

    Follow-up Measures for Capital Market ReformJanuary 21, 2019

    The FSC will introduce a new category of brokerage companies specialized in capital raising business for SMEs & venture companies. Moreover, in order to broaden and diversity a pool of professional investors, the FSC plans to ease registration requirements and relevant procedures
  • Fintech Policy Direction for 2019
    Fintech Policy Direction for 2019

    Fintech Policy Direction for 2019January 16, 2019

    FSC Chairman Choi JongKu outlined the FSC's policy priorities for fintech innovation in 2019 at a meeting with fintech entrepreneurs, financial institution executives and investors.
  • FSC to Approve Additional Online-only Banks
    FSC to Approve Additional Online-only Banks

    FSC to Approve Additional Online-only BanksDecember 24, 2018

    The FSC announced its plans to approve additional online-only banks as the Special Act on the Establishment and Operation Online-only Banks takes effect on January 17, 2019.
  • Large Kospi-listed Companies to Make Mandatory Disclosure of Key Information About Corporate Governance From 2019
    Large Kospi-listed Companies to Make Mandatory Disclosure of Key Information About Corporate Governance From 2019

    Large Kospi-listed Companies to Make Mandatory Disclosure of Key Information About Corporate Governance From 2019December 19, 2018

    The FSC approved amendments to the KRX's Kospi Market Disclosure Regulations.
  • Financial Innovation Support Act Passed in the National Assembly
    Financial Innovation Support Act Passed in the National Assembly

    Financial Innovation Support Act Passed in the National AssemblyDecember 10, 2018

    National Assembly passed a legislation called the Financial Innovation Support Act on December 7, 2018.