All posts tagged "BOK"
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115KoreaFSC Korea Addresses Pandemic Impact on SME Credit Scores
The FSC says credit support measures for SMEs will be maintained at it will minimise the impact of rating downgrades.
March 31, 2021 -
187Fintech / RegtechKorea: Supervisory Power Struggle Deepens Between BOK, FSC
The BOK said it opposes the payment settlement system being used to oversee private transaction data, calling a revision bill proposed by the FSC a "Big Brother law".
February 26, 2021 -
177Fintech / Regtech
BOK Calls for Review of Legal Framework to Enable CBDC Issuance
In a new research paper, the BOK discusses key issues relevant to the issuance of a CBDC, including its design elements and legal and policy implications.
February 11, 2021 -
97Korea
BOK Ends Special Lending Programme as Markets Stabilise
The BOK has decided to end a special lending programme that allowed banks, brokerages and insurers to obtain funding by pledging corporate bonds as collateral.
February 3, 2021 -
97Korea
FSC Korea to Tighten Debt Service Ratio Rules in Q1
The accumulation of excessive debt may pose a risk to the economic recovery, the FSC said, pledging to introduce measures to rein in household and corporate debt.
February 1, 2021 -
209Korea
Korea to Require Brokers, Insurers to Enhance FX Risk Management
Non-banking financial institutions will have to report details about their FX exposures monthly to ensure their FX liquidity remains adequate.
January 21, 2021 -
232Korea
BOK Extends Corporate Bond, Commercial Paper Support by 6 Months
A special purpose vehicle created in July to support the corporate bond and commercial paper markets will be extended another six months.
January 4, 2021 -
196Korea
S. Korea Selects Market Makers for Won-Yuan Direct Market
The selected banks will play a leading role in price formation and in supplying liquidity to the KRW/RMB direct trading market.
January 3, 2021 -
1.3KFintech / Regtech
BOK, FSC Clash Over Supervisory Authority in Fintech, Payments
The FSC has proposed legislative amendments that would give it power over payment settlements in the fintech industry. The BOK says this will create redundant regulations.
November 21, 2020 -
435Korea
BOK Extends Special Loan Facility for Banks, Brokers, Insurers
To be extended until 3 February, the special lending programme permits banks, brokerages and insurers to take out loans from the BOK against collateral.
November 3, 2020
