Press Release
  • FSC Identifies D-SIBs for 2017
    FSC Identifies D-SIBs for 2017

    FSC Identifies D-SIBs for 2017December 29, 2016

    The FSC identified domestic systemically important bank (D-SIBs) for 2017: Shinhan Financial Group, Hana Financial Group, KB Financial Group, NH Financial Group and Woori Bank. ​ *Please read the attached file for the details.

  • FSC Approves Korea's 1st internet-only Bank
    FSC Approves Korea's 1st internet-only Bank

    FSC Approves Korea's 1st internet-only BankDecember 14, 2016

    The Financial Services Commission held its regular meeting on December 14 and granted final approval for ‘K-Bank’, Korea’s first Internet-only bank. *Please read the attached file for details

  • FSC Holds Emergency Meeting on Financial Markets after Impeachment Vote
    FSC Holds Emergency Meeting on Financial Markets after Impeachment Vote

    FSC Holds Emergency Meeting on Financial Markets after Impeachment VoteDecember 11, 2016

    FSC Chairman Yim Jong-yong convened an emergency meeting on Sunday, December 11 with top officials from the Financial Supervisory Service(FSS) and other relevant financial institutions to monitor market effects and discuss policy responses after parliament's impeachment vote last Friday. * Please read the attached file for details.
  • Follow-ups on the Household Debt Management Measures Announced on Aug.25
    Follow-ups on the Household Debt Management Measures Announced on Aug.25

    Follow-ups on the Household Debt Management Measures Announced on Aug.25November 24, 2016

    The FSC announced follow-up measures on household debt management as the measures announced on August 25, 2016 started to show a sign of policy effects, particularly in slowing down household loan growth in the non-banking sector and collective lending. * Please read the attached file for details.

  • Measures for Improvement of Derivatives Markets
    Measures for Improvement of Derivatives Markets

    Measures for Improvement of Derivatives MarketsNovember 22, 2016

    The FSC announced a set of measures to make South Korea's derivatives markets more advanced and sounder as this year marks the 20th anniversary of the establishment of derivatives markets in 1996. * Please read the attached file for details.

  • FSC Holds Emergency Meeting on Financial Markets
    FSC Holds Emergency Meeting on Financial Markets

    FSC Holds Emergency Meeting on Financial MarketsNovember 18, 2016

    FSC Chairman Yim Jong-yong convened an emergency meeting with top officials from the FSS and other relevant financial organizations to respond to recent uncertainties in financial markets at home and abroad.* Please read the attached file for details.

  • Seven Investors Were Picked to Buy Government's Stake in Woori Bank
    Seven Investors Were Picked to Buy Government's Stake in Woori Bank

    Seven Investors Were Picked to Buy Government's Stake in Woori BankNovember 18, 2016

    The government decided to sell its 29.7% stake in Woori Bank to seven investors on its fifth attempt to privatize Woori Bank since 2010. *Please read the attached file for details.

  • Short Selling and Disclosure Rules To Be Improved
    Short Selling and Disclosure Rules To Be Improved

    Short Selling and Disclosure Rules To Be ImprovedNovember 18, 2016

    The FSC outlined its plan to improve rules for short-selling and disclosure to strengthen investor protection. *Please read the attached file for details.

  • FSC and FSS Holds Emergency Meeting on Financial Markets
    FSC and FSS Holds Emergency Meeting on Financial Markets

    FSC and FSS Holds Emergency Meeting on Financial MarketsNovember 18, 2016

    FSC Chairman Yim Jong-yong convened an emergency meeting on November 9 with top officials from the FSS and other relevant financial organizations to respond to recent uncertainties in financial markets due to the 2016 U.S. presidential election outcome. *Please read the attached file for details.

  • Seven Investors Were Picked to Buy Government's Stake in Woori Bank
    Seven Investors Were Picked to Buy Government's Stake in Woori Bank

    Seven Investors Were Picked to Buy Government's Stake in Woori BankNovember 13, 2016

    The government decided to sell its 29.7% stake in Woori Bank to seven investors on its fifth attempt to privatize Woori Bank since 2010.* Please read the attached file for details.