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

    Short Selling and Disclosure Rules To Be ImprovedNovember 10, 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 9, 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.

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

    FSC Holds Emergency Meeting on Financial MarketsNovember 7, 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.

  • Preliminary Bidding Result for Sale of Woori Bank
    Preliminary Bidding Result for Sale of Woori Bank

    Preliminary Bidding Result for Sale of Woori BankSeptember 26, 2016

    Eighteen investors submitted letters of intent (LOI) to buy the government's 30% minority stakes in Woori Bank in a preliminary bidding. The amount of stakes for which the investors bid adds up to 82 to 119 percent shares of Woori Bank.* Please read the attached file for details.

  • FSC Hold Emergency Meeting Following North Korea's Suspected Nuclear Test
    FSC Hold Emergency Meeting Following North Korea's Suspected Nuclear Test

    FSC Hold Emergency Meeting Following North Korea's Suspected Nuclear TestSeptember 9, 2016

    FSC Chairman Yim Jong-yong convened an emergency meeting to inspect risk factors in domestic financial markets and discuss responsive measures after a seismic event was detected in North Korea at 9:30 A.M., a supposed result of North Korea's possible Nuclear Test.* Please read the attached file for details.

  • Financial Assistance to be Provided for Hanjin Shipping's Local Contractors
    Financial Assistance to be Provided for Hanjin Shipping's Local Contractors

    Financial Assistance to be Provided for Hanjin Shipping's Local ContractorsSeptember 6, 2016

    The Financial Services Commission (FSC) and Financial Supervisory Service (FSS) came up with measures to support Hanjin Shipping's local contractors in a bid to minimize spill-over effects of Hanjin's filing into small local contractors. * Please read the attached file for details.

  • Follow-up Measures on Hanjin Shipping's Filing for Court Receivership
    Follow-up Measures on Hanjin Shipping's Filing for Court Receivership

    Follow-up Measures on Hanjin Shipping's Filing for Court ReceivershipSeptember 2, 2016

    FSC Chairman Yim Jong-yong held a meeting on September 1 with the Korea Development Bank and Hyundai Merchant Marine to discuss follow-up measures regarding Hanjin Shipping's filing for court receivership. * Please read the attached file for details.

  • FSC Statement on Hanjin Shipping's Filing for Court Receivership
    FSC Statement on Hanjin Shipping's Filing for Court Receivership

    FSC Statement on Hanjin Shipping's Filing for Court ReceivershipAugust 31, 2016

    FSC Vice Chairman Jeong Eun-bo held a meeting on August 31 with officials from relevant agencies to discuss the possible government's responses following Hanjin Shipping's decision to file for court receivership. * Please read the attached file for details.

  • World's First Fintech Open Platform Launched to Ease Develoment of Innovative
    World's First Fintech Open Platform Launched to Ease Develoment of Innovative

    World's First Fintech Open Platform Launched to Ease Develoment of Innovative August 30, 2016

    Fintech Open Platform is launched in Korea for the first time in the world on August 30 in a bid to ease Fintech firms develop innovative financial services.* Please read the attached file for details.

  • Government Decides to Sell Its 30% Stake in Woori Bank to Multiple Buyers
    Government Decides to Sell Its 30% Stake in Woori Bank to Multiple Buyers

    Government Decides to Sell Its 30% Stake in Woori Bank to Multiple BuyersAugust 22, 2016

    The Public Fund Oversight Committee (PFOC) decided to sell the government's 30% stake in Woori Bank to multiple buyers in smaller portions with an aim to close the deal by the end of this year.* Please read the attached file for details.