All posts tagged "mutual finance"
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137Fintech / RegtechKorea FSC Expands Open Banking Services to Fintechs
Users will be able to access information about their prepaid deposit accounts from mobile applications of any FI offering open banking.
July 30, 2021 -
206KoreaS. Korea to Expand Microfinance Support Fund
Legislative revisions will expand the pool of microfinance funds available by requiring banks and other FIs to make mandatory contributions.
May 27, 2021 -
286Fintech / RegtechSavings Banks Introduce Open Banking Services: FSC Korea
Open banking is now being provided by all types of deposit-taking institutions in Korea. Credit card companies will start from end-May.
May 1, 2021 -
278AML / KYC
Korea: FSC Financial Sector Focus to Include Risk, Competition, Innovation
The FSC's 2021 policy agenda for the financial sector will include measures to bolster risk management while also strengthening competitiveness and facilitating digital innovation.
February 8, 2021 -
607Fintech / Regtech
FSC Korea Expands Open Banking Access, Grants ‘MyData’ Licences
"With more types of financial institutions joining the open banking system, it will help promote competition and improve consumer convenience," the FSC said.
December 23, 2020 -
746Capital Regulation
S. Korea Tightens Lending Standards in Non-Bank Sector
The FSC will extend the debt service ratio to include non-bank financial institutions in a bid to rein in household debt.
June 3, 2019
