FSC Designates 8 More Financial Solutions as 'Innovative Financial Services'November 21, 2019

The FSC designated eight additional financial solutions as 'innovative financial services' to be accepted into financial regulatory sandbox on November 20.* Please refer to the attached PDF for details.

FSC Approves Shareholder Qualifications of KIH and KIVAM in Kakao BankNovember 20, 2019

The Financial Services Commission approved Korea Investment Holdings Co., Ltd. (KIH) and Korea Investment Value Asset Management (KIVAM)’s holdings of a 4.99 percent and 29 percent stake each in Kakao Bank on November 20. * Please refer to the attached PDF for details.

Financial Cooperation in ASEAN RegionNovember 19, 2019

In the financial sector, Korea and ASEAN countries have made an effort to establish strategic partnership to promote economic and financial growth in ASEAN region.* Please refer to the attached PDF for details.

Government Promotes Market-based Approach to Corporate RestructuringNovember 18, 2019

FSC Chairman Eun Sung-soo participated in an MOU signing and launching event of a DIP financing company on November 18, and held talks with entrepreneurs and investors on market-based approaches to corporate restructuring.* Please refer to the attached PDF for details.

Government to Increase International Cooperation on Insurance SupervisionNovember 14, 2019

The Financial Services Commission and the Financial Supervisory Service became signatories to the International Association of Insurance Supervisors (IAIS) Multilateral Memorandum of Understanding (MMoU) on November 14.* Please refer to the attached PDF for details.

Measures to Strengthen Investor Protection with High-risk Investment ProductsNovember 14, 2019

The FSC and the FSS unveiled measures to strengthen investor protection with high-risk financial investment products in light of the recent DLFs mis-selling cases.* Please refer to the attached PDF for details.

Achievements at a Glance with StatisticsNovember 11, 2019

The FSC announced the financial policy achievements during the first half of the Moon Jae-in administration. * Please refer to the attached PDF for details.

Deputy Chairman Attends FSC Plenary MeetingNovember 8, 2019

Deputy Chairman for International Cooperation Choi Hoon attended the Financial Stability Board (FSB) plenary meeting held in Paris, France on November 7.

Vice Chairman Speaks on Importance of Financial Information SecurityNovember 7, 2019

Vice Chairman Sohn Byungdoo attended the Financial Information Security Conference 2019 hosted by the Financial Security Institute on November 7, and delivered congratulatory remarks on the theme of financial information security and maintaining innovation in the financial sector.

FSC Designates Additional Financial Solutions as 'Innovative Financial Services'November 6, 2019

The FSC designated seven additional financial solutions as 'innovative financial services' to be accepted into financial regulatory sandbox.