New FSC taskforce will work on measures to help FIs expand and invest overseas and address issues that prevent global firms from entering the Korean market.
March 16, 2023Listed companies with KRW 10 trillion in assets will have to issue English disclosures from 2024. Those with KRW 2 trillion in assets will follow suit from 2026.
December 5, 2022Foreign investors will no longer need to register their identities prior to investing in Korean stocks. The dividend-payment process is also being revised.
November 30, 2022The stabilisation fund will be worth a reported $7bn and be used to inject money in the local stock market if it continues to fall.
October 6, 2022Regulators will also prepare additional market stabilisation measures in case it becomes necessary to put them into operation quickly.
September 2, 2022The new taskforce will examine new legislation that ensures a "proper balance" between innovation, and investor protection and financial stability.
August 18, 2022Vice chairman Kim So-young said the FSC will remove barriers that prevent financial services firms from making use of big data and AI technology effectively.
August 9, 2022The FSC says thirteen relevant bills on digital asset investor protection are currently pending at the National Assembly.
May 26, 2022