Press Release
  • 2020 Online Korea Fintech Week
    2020 Online Korea Fintech Week

    2020 Online Korea Fintech WeekMay 27, 2020

    The 2nd Korea Fintech Week will be held virtually starting at 10 am on May 28. It is organized into five sessions, and the virtual exhibitions are open to everyone for viewing at free of charge via www.fintechweek.or.kr/2020.* Please refer to the attached PDF for details.

  • Vice Chairman Calls for Close Cooperation between Businesses, Creditors and Lending Institutions
    Vice Chairman Calls for Close Cooperation between Businesses, Creditors and Lending Institutions

    Vice Chairman Calls for Close Cooperation between Businesses, Creditors and Lending InstitutionsMay 26, 2020

    FSC Vice Chairman Sohn Byungdoo held the 5th financial risk assessment meeting on May 26 to check the current status of the COVID-19 financial support for businesses and households.* Please refer to the attached PDF for details.
  • Improvements in Payinfo System to Boost Consumer Convenience
    Improvements in Payinfo System to Boost Consumer Convenience

    Improvements in Payinfo System to Boost Consumer ConvenienceMay 25, 2020

    The FSC announced that switching automatic transfer accounts using 'Payinfo' will be possible between banks and non-banks beginning on May 26, which will help improve convenience for consumers and promote competition between financial institutions.* Please refer to the attached PDF for details.

  • Plans to Create Key Industry Stabilization Fund
    Plans to Create Key Industry Stabilization Fund

    Plans to Create Key Industry Stabilization FundMay 20, 2020

    The government announced detailed plans for the operation of the key industry stabilization fund on May 20.* Please refer to the attached PDF for details.
  • Government Unveils Plans to Create SPV to Support Corporate Bond and CP Markets
    Government Unveils Plans to Create SPV to Support Corporate Bond and CP Markets

    Government Unveils Plans to Create SPV to Support Corporate Bond and CP MarketsMay 20, 2020

    The government announced on May 20 specific plans to create a special purpose vehicle (SPV) aimed at supporting the corporate bond and commercial paper markets.* Please refer to the attached PDF for details.
  • Vice Chairman Holds Meeting on Supervision of Financial Conglomerates
    Vice Chairman Holds Meeting on Supervision of Financial Conglomerates

    Vice Chairman Holds Meeting on Supervision of Financial ConglomeratesMay 19, 2020

    FSC Vice Chairman Sohn Byungdoo convened a consultative meeting on the supervision of financial conglomerates on May 19, and discussed specific plans for their group-wide risk assessment, disclosure and internal risk control systems.* Please refer to the attached PDF for details.
  • Asia Region Funds Passport to be Launched on May 27
    Asia Region Funds Passport to be Launched on May 27

    Asia Region Funds Passport to be Launched on May 27May 19, 2020

    The government approved the revisions to the enforcement decree of the Financial Investment Services and Capital Markets Act on May 19 in preparation for the implementation of the Asia Region Funds Passport (ARFP) on May 27.* Please refer to the attached PDF for details.

  • 4th Financial Risk Assessment Meeting
    4th Financial Risk Assessment Meeting

    4th Financial Risk Assessment MeetingMay 19, 2020

    FSC Vice Chairman Sohn Byungdoo held the 4th financial risk assessment meeting on May 19. At the meeting, Vice Chairman Sohn vowed to strengthen support for the corporate bond and commercial paper markets.* Please refer to the attached PDF for details.
  • Vice Chairman Holds Meeting on Measures to Improve Asset-backed Securities Market
    Vice Chairman Holds Meeting on Measures to Improve Asset-backed Securities Market

    Vice Chairman Holds Meeting on Measures to Improve Asset-backed Securities MarketMay 18, 2020

    FSC Vice Chairman Sohn Byungdoo held a meeting with industry officials and experts on May 18 to discuss ways to improve the asset-backed securities market.* Please refer to the attached PDF for details.
  • Measures to Improve ETF and ETN Markets
    Measures to Improve ETF and ETN Markets

    Measures to Improve ETF and ETN MarketsMay 18, 2020

    The FSC announced the measures to improve the exchange-traded fund (ETF) and exchange-traded note (ETN) markets on May 15, which seek to contain overheated investment demand and mitigate excessive concentration on particular investment products.* Please refer to the attached PDF for details.