Tag: FSC

FSC

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Lee Eog-weon, chairman of the Financial Services Commission (FSC), speaks during a meeting to curb stock manipulation held in western Seoul on July 8.

Government insists economy is sound despite stock market plunge (KOR)

The government's defense of Korea's economic fundamentals sidesteps criticism that policy missteps and weak accountability helped drive the stock market's extreme volatility.

2026.8.7

Government insists economy is sound despite stock market plunge

The government's defense of Korea's economic fundamentals sidesteps criticism that policy missteps and weak accountability helped drive the stock market's extreme volatility.

2026.8.6

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Financial regulator pushes back against Bloomberg column claim that Korea 'uninvestable'

The Financial Services Commission said that figures cited in the opinion piece by Shuli Ren were drastically different from its own data.

2026.8.5

Kim Yong-beom, presidential chief of staff for policy, speaks at the Blue House in central Seoul on July 22.

Presidential policy chief faces criminal complaint over leveraged ETFs

A criminal complaint accuses Kim Yong-beom of pressuring regulators to launch risky leveraged semiconductor ETFs that fueled volatility and investor losses.

2026.8.3

Regulators accept blame for leveraged ETF turmoil as lawmakers demand probe

Presidential director of national policy Kim Yong-beom also came under fire for pushing the introduction of single-stock leveraged ETFs.

2026.7.29

Nearly 73% of 1997 financial crisis bailout funds repaid as of June

Korea has recouped 123 trillion won ($83.3 billion) of public money used to rescue troubled financial firms after the economic collapse.

2026.7.21

FSC chief vows tougher crackdown on stock manipulation

Lee Eog-weon made the remarks during a ceremony marking the first anniversary of a joint task force established to detect and investigate illegal and unfair stock trading.

2026.7.8

Financial Services Commission Chairman Lee Eog-weon speaks during a seminar centered on dual-listing held in western Seoul on April 16.

Authorities move to curb dual listings in fight against 'Korea discount'

The move imposes five new regulatory obligations that bolster shareholder protections for spin-offs that seek to root out efforts to deliberately suppress stock prices.

2026.7.6

An image depicting voice phishing [JOONGANG ILBO]

FSC ramps up efforts to combat online phishing through improved coordination, new AI platform

The country's financial regulator said Thursday that regular, systematic cooperation among related government agencies will take place to better detect and crack down on new types of online phishing crimes.

2026.5.28

Lee Eog-weon chairman of the Financial Services Commission speaks during a maritime-related financial seminar held in central Seoul on May 21. [NEWS1]

Offshore retail investors to be allowed ETF trading via omnibus accounts: Chief regulator

The chief of the country's financial regulator said Thursday his agency will soon revise regulations for offshore retail investors so they can buy and sell exchange-traded funds (ETFs) via so-called omnibus accounts.

2026.5.21