Press Release
  • Government Unveils Plans to Root Out Vishing
    Government Unveils Plans to Root Out Vishing

    Government Unveils Plans to Root Out VishingJune 24, 2020

    The government unveiled its plans to root out vishing (or voice phishing) scams through close coordination between the financial, communications and investigative authorities on June 24.* Please refer to the attached PDF for details.
  • FSC Chairman Highlights Importance of Building Mutual Trust between Start-ups and Investors
    FSC Chairman Highlights Importance of Building Mutual Trust between Start-ups and Investors

    FSC Chairman Highlights Importance of Building Mutual Trust between Start-ups and InvestorsJune 23, 2020

    FSC Chairman Eun Sung-soo attended the global start-up conference NextRise 2020 on June 23 in Seoul, and delivered congratulatory remarks. During his speech, Chairman Eun explained the government’s policy to promote innovation in financial services while encouraging start-up entrepreneurs.* Please refer to the attached PDF for details.
  • Government to Stamp Out Illegal Predatory Lending
    Government to Stamp Out Illegal Predatory Lending

    Government to Stamp Out Illegal Predatory LendingJune 23, 2020

    The government discussed ways root out illegal predatory lending at a meeting on anti-corruption policy led by President Moon Jae-in on June 22.* Please refer to the attached PDF for details.

  • Vice Chairman Stresses Importance of Balanced Approach to Support Real Economy Sectors
    Vice Chairman Stresses Importance of Balanced Approach to Support Real Economy Sectors

    Vice Chairman Stresses Importance of Balanced Approach to Support Real Economy SectorsJune 23, 2020

    Vice Chairman Sohn Byungdoo presided over the 9th financial risk assessment meeting on June 23 to assess the financial market conditions and check the implementation status of the COVID-19 financial support.* Please refer to the attached PDF for details.
  • Vice Chairman Holds Talks on Improving Rules on Accounting and Auditing
    Vice Chairman Holds Talks on Improving Rules on Accounting and Auditing

    Vice Chairman Holds Talks on Improving Rules on Accounting and AuditingJune 22, 2020

    Vice Chairman Sohn Byungdoo held a meeting on improving rules on accounting and auditing on June 22. With some of the key changes going into effect this year, Vice Chairman Sohn emphasized that it is important to maintain close communication with market players while continuing to pursue reform initiatives.* Please refer to the attached PDF for det...
  • FSC Launches Working Capital Support Program for Suppliers & Subcontractors in Key Industries
    FSC Launches Working Capital Support Program for Suppliers & Subcontractors in Key Industries

    FSC Launches Working Capital Support Program for Suppliers & Subcontractors in Key IndustriesJune 19, 2020

    The government announced its plans to launch Working Capital Support Program (WCSP) using the key industry stabilization fund at the 7th Meeting of the Central Economic Response Headquarters on June 19.* Please refer to the attached PDF for details.
  • Government Announces KRW2 Trillion-plus Financial Support for Auto Parts Sector
    Government Announces KRW2 Trillion-plus Financial Support for Auto Parts Sector

    Government Announces KRW2 Trillion-plus Financial Support for Auto Parts SectorJune 19, 2020

    The government introduced plans to provide KRW2 trillion-plus financial support for the auto parts industry at the 7th Meeting of Central Economic Response Headquarters held on June 19.* Please refer to the attached PDF for details.
  • Vice Chairman Holds Meeting to Review Risks in Financial Sectors
    Vice Chairman Holds Meeting to Review Risks in Financial Sectors

    Vice Chairman Holds Meeting to Review Risks in Financial SectorsJune 18, 2020

    Vice Chairman Sohn Byungdoo held a meeting to review market conditions and risk factors in the financial industry on June 18 with experts from the public and private sectors.* Please refer to the attached PDF for details.
  • FSC Maintains Close Market Monitoring in Wake of North's Provocation
    FSC Maintains Close Market Monitoring in Wake of North's Provocation

    FSC Maintains Close Market Monitoring in Wake of North's ProvocationJune 17, 2020

    Vice Chairman Sohn Byungdoo held a market monitoring meeting on June 17 prior to the market opening to review market conditions in the wake of North Korea's bombing of the inter-Korean liaison office building yesterday.* Please refer to the attached PDF for details.

  • Plans to Promote Crowdfunding
    Plans to Promote Crowdfunding

    Plans to Promote CrowdfundingJune 16, 2020

    FSC Chairman Eun Sung-soo held a meeting with relevant officials from the public and private sectors on June 16 and unveiled the government’s plans to promote crowdfunding.* Please refer to the attached PDF for details.