Bank of Korea

AML / KYC

S.Korea Planning Bitcoin Exchange Regulation

By Samuel Riding | 22/11/2016

Multi-agency task force to consider Japan, US and EU regulatory models.

Market Infrastructure

Korea Regulator Enters ‘Emergency Mode’ Amid Scandal

By Samuel Riding | 08/11/2016

FSC says to step up monitoring and attempt to stabilise markets over increasing uncertainties.

Capital / Liquidity

S.Korea ‘Largely Compliant’ With Basel III, BIS Says

By Samuel Riding | 22/09/2016

Country found to fully meet 12 of 14 risk-based capital regulations; compliant with LCR rules.

Market Infrastructure

S.Korea Looks to Recapitalise Policy Banks

By Samuel Riding | 28/04/2016

Task force to looks at bank recapitalisation plans amid restructuring of troubled industries.

Korea Falls Short in CPMI/IOSCO Evaluation

By Samuel Riding | 01/12/2015

Korean authorities seen to lack observance in multiple areas of financial market infrastructure regulation.

S. Korea Probes Four Foreign Banks on Derivatives

By Editors | 15/10/2015

The Financial Supervisory Service is looking into the derivatives transactions of four foreign banks which have jumped abnormally amid a gradual decline among other banks since since last year.

S. Korea Regulator to Task Overhaul of Debt-Laden Companies

By Editors | 21/09/2015

South Korea’s Financial Services Commission will charge a leading bad asset management firm to overhaul debt-laden companies in an effort to speed up the country’s corporate restructuring program.

S Korea’s FSC Aims to Get More Banks to Fund Fintech Firms

By Editors | 07/05/2015

South Korea’s Financial Services Commission (FSC) said the state-run policy lenders Korea Development Bank and the Industrial Bank of Korea will allocate 200 billion won ($184.9 million) in funds this year to support financial technology companies or fintech.

S. Korea’s New FSC Chief Seen Pushing for Deregulation

By Editors | 24/02/2015

Financial Services Commission chairman designate Yim Jong-yong is expected to relax regulations governing asset and capital at financial firms, say officials and analysts.