Mandatory Disclosure of Corporate Governance to be Phased in from 2019March 22, 2018

The FSC plans to introduce mandatory disclosure of corporate governance into Kospi-listed companies with total asset value of more than KRW 2 trillion starting from 2019.

Plan to Improve Corporate Governance of Financial Companies and Relevant RegulationsMarch 15, 2018

The FSC announced its plan to amend the Act on Corporate Governance of Financial Companies and its subordinate regulations.

Plan for Comprehensive Supervision of Financial ConglomeratesFebruary 2, 2018

The FSC outlined its plan to introduce a comprehensive supervisory framework for financial conglomerate, one of the government's financial reform agendas.

Financial Measures to Curb Speculation in Cryptocurrency TradingJanuary 23, 2018

The FSC announced measures that only allow accounts with a users' real name to be used in cryptocurrency trading and introduce banks a 'Cryptocurrency-related AML Guideline.'

Financial Policy Roadmap for 2018January 17, 2018

The FSC announced its financial policy roadmap for 2018 outlining financial policy plans to promote innovation in finance and support innovation-led, sustainable growth for the Korean economy.

Measures to Vitalize Kosdaq MarketJanuary 11, 2018

The FSC announced measures for vitalizing the Kosdaq market to support the growth of start-ups and venture businesses.

KoFIU and FSS Inpect Banks over Cryptocurrency Trading AccountsJanuary 8, 2018

Korea Financial Intelligence Unit (KoFIU) and Financial Supervisory Service (FSS) started to carry out joint investigations today on six commercial banks that are offering trading accounts to cryptocurrency exchanges in Korea.

The 4th UK-Korea Financial Cooperation Forum Held in SeoulNovember 14, 2017

The Korean Financial Services Commission (FSC) and the Financial Supervisory Service (FSS) hosted the fourth UK-Korea Financial Forum in Seoul today with the UK Treasury, the Financial Conduct Agency (FCA) and the British Embassy. *please read the attached file for details

Revision to the Act on External Audit of Stock CompaniesNovember 1, 2017

The latest revision, passed by the National Assembly on September 28, 2017, is the most far-reaching reform of Korea's accounting and audit practices. The revised bill will take effect November 1, 2018, one year after the date of its promulgation. * Please read the attached file for details.

Comprehensive Measures for Household Debt ManagementOctober 24, 2017

The government announced a comprehensive scheme to manage household debt in an effort to reduce financial risks in the short term; and strengthen macroeconomic soundness, boost household income and repayment ability in the mid-to-long term. *Please read the attached file for details.