BANK OF KOREA

Market Infrastructure

BOK Gains Access to US Central Clearing Repo Market

By Manesh Samtani | 22/05/2025

BOK partners with JP Morgan to become first Korean institution to join FICC ahead of SEC rule changes.

Fintech / Regtech

BOK Seeks to Build AI Benchmark for Tailored LLM Evaluation

By Editors | 19/05/2025

BOK seeks contractor to build AI benchmark for LLMs, aiming to improve performance in economics and finance.

ESG / Sustainability

BOK to Provide Technical Assistance on Climate Risk Management

By Editors | 19/05/2025

Bank of Korea will offer climate stress test workshops to bolster risk management capabilities of South Korean banks and insurers.

Capital / Liquidity

South Korea Set to Double Deposit Insurance Limit

By Editors | 18/05/2025

Regulators will operate a task force to oversee industry preparations for the change and monitor capital flows and market impact.

Crypto / Digital Assets

BOK Seeks Authority Over Won-Based Stablecoin Issuance

By Manesh Samtani | 14/05/2025

Bank of Korea seeks the power to approve won-based stablecoins to protect monetary policy and ensure financial stability.

Korea Development Bank to Advance Vietnam Expansion

By Editors | 12/05/2025

After a six-year wait, KDB received a letter from SBV confirming that all the required document submissions have been completed.

Fintech / Regtech

Korea to Launch QR Code Payment Service in Indonesia

By Nithya Subramanian | 12/05/2025

The QR code payment service is expected to start in Indonesia later this year, and will expand to Vietnam next.

Enforcement

Korea’s IBK, Shinyoung Securities Ordered to Compensate Investors

By Thisanka Siripala | 25/04/2025

The decision follows new evidence of asset impairment and sales violations that weren’t considered in an earlier 2021 ruling.

Crypto / Digital Assets

BOK to Expand CBDC Pilot to Include P2P Transfers

By Mark Johnston | 24/04/2025

BOK is set to widen its digital currency trial by adding person-to-person transfers and a digital welfare voucher system.