Electronic Securities System Launched September 16, 2019

Korea's electronic securities system was launched on September 16, 2019, opening a new era for digitization of securities.

FSC Reforms Large Shareholder Reporting Rules September 6, 2019

The FSC plans to amend the 5% rule in an effort to support institutional investors' shareholder activities.

Guidelines on Financail Companies' Investment in Fintech Business September 4, 2019

The FSC announced regulatory guidelines to facilitate financial companies' investment in fintech business.

Pool of Professional Investors to be ExpandedAugust 13, 2019

Amendments to the Enforcement Decree of the Financial Investment Services and Capital Markets Act (FSCMA) were approved at a cabinet meeting on August 13, 2019.

Implementation Plan for Margin Requirements for Non-centrally Cleared OTC Derivative TransactionsAugust 8, 2019

The FSC announced its adjusted schedule to implement initial margin requirements for non-centrally cleared derivative transactions in accordance with internationally-agreed standards.

FSC Vice Chairman's Remarks on Domestic Financial Market ConditionsAugust 6, 2019

FSC Vice Chairman Sohn Byungdoo held a meeting with financial investment experts on August 6th to review the current conditions of Korea's stock markets and discuss measures to mitigate short-term shocks.

Government To Provide Financial Support for Companies Affected by Japan's Export RestrictionsAugust 3, 2019

FSC Chairman Choi Jong-ku convened an emergency meeting with officials from relevant organizations to discuss financial support for companies that are affected by Japan's decesion to remove Korea from its 'white list.'

Sixth Batch of Financial Service Providers Designated as 'Innovative Financial Services' for FSC's Regulatory SandboxJuly 25, 2019

The FSC designated additional five financial service providers as 'innovative financial services' to be accepted into financial regulatory sandbox.

FSC Approves Kakao's Holding of 34% Stake in KakaoBankJuly 24, 2019

The FSC approved a resolution at its regular meeting on July 24, 2019 that allows Kakao to hold a 34% stake in KakaoBank.

FSC Chairman's Remarks on Financial Market Conditions amid Concerns over Japan's Export CurbsJuly 18, 2019

Amid rising concerns over the possible effect of Japan's export curbs on Korea's financial market, FSC Chairman Choi Jong-ku briefed the press on recent financial market conditions.