FSC Finalizes Measures to Strengthen Investor Protection with High-risk Investment ProductsDecember 12, 2019

The FSC announced a finalized plan to strengthen investor protection with high-risk investment products on December 12.* Please refer to the attached PDF for details.

Vice Chairman Speaks on Embracing Digital Transformation in Financial IndustryDecember 10, 2019

Vice Chairman Sohn Byungdoo attended the 6th International Financial Cooperation Forum hosted by the Financial Services Commission and the Council on International Financial Cooperation on December 10.* Please refer to the attached PDF for details.

Measures to Promote Fintech Scale-upsDecember 4, 2019

The FSC announced measures to promote fintech scale-ups on December 4, which include 24 key tasks in 8 different policy areas.* Please refer to the attached PDF for details.

Vice Chairman Attends 9th Korea-China-Japan High-level Finance Authorities MeetingNovember 29, 2019

Vice Chairman Sohn Byungdoo attended the 9th Korea-China-Japan High-level Finance Authorities Meeting held in Tokyo, Japan on November 29, and discussed ways to enhance trilateral cooperation.* Please refer to the attached PDF for details.

Revision Bill on Credit Information Act Moves Ahead at National AssemblyNovember 28, 2019

The National Policy Committee of the National Assembly approved a revision bill on the Credit Information Use and Protection Act on November 28.* Please refer to the attached PDF for details.

FSC Signs MOU to Boost IP Financing for Regional SMEs and StartupsNovember 28, 2019

FSC Chairman Eun Sung-soo attended the 2nd Intellectual Property Finance Forum held on November 28, and signed a Memorandum of Understanding with the Korean Intellectual Property Office, regional banks and guarantee institutions to promote IP financing for regional SMEs and start-ups.* Please refer to the attached PDF for details.

Revision Bill to Introduce AML Requirements on Crypto Assets Moves Ahead at National AssemblyNovember 27, 2019

The National Policy Committee of the National Assembly approved a revision bill on Reporting and Using Specified Financial Transaction Information on Crypto Assets on November 25.* Please refer to the attached PDF for details.

New Bill on Financial Consumer Protection Moves Ahead at National AssemblyNovember 27, 2019

The National Policy Committee of the National Assembly approved a Financial Consumer Protection Bill on November 25.* Please refer to the attached PDF for details.

FSC Chairman Speaks on Importance of Innovation in Movable Asset-based FinancingNovember 26, 2019

FSC Chairman Eun Sung-soo visited a peer-to-peer lending firm Popfunding on November 26, and held talks on promoting innovative financial solutions through movable asset-based financing.* Please refer to the attached pdf for details.

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.