Household borrowing from banks slowed in November as interest rates rose and the government pressed banks to cut lending.
Investors will be allowed to buy fractions of a company's stock starting from the third quarter of next year, the Financial Services Commission (FSC) said Sunday. Under current rules, investors cannot purchase less than a single share of an ...
The heads of the Bank of Korea (BOK) and Financial Services Commission (FSC) agreed to work together on issues such as rising household debt.
Binance, the world’s largest cryptocurrency exchange by trading volume, ceased trades in won at 8 p.m. Friday.
President Moon Jae-in nominated new heads of the Financial Services Commission (FSC) and the National Human Rights Commission of Korea and replaced six vice-ministerial level posts, the Blue House announced Thursday.
Businesses dealing with virtual assets including cryptocurrencies must report their transactions to a government body and abide by anti-money laundering requirements, the Financial Services Commission (FSC) announced Tuesday.
The Bank of Korea released a statement Wednesday opposing an amendment to a law on electronic financial transactions pursued by the Financial Services Commission (FSC).
The Financial Services Commission (FSC) has pushed back the lifting of a ban on stock short selling to May 3, the second time after an earlier delay in September in removing the ban which had been imposed since March last year to...
After much debate between the country's financial regulators, lawmakers and retail investors, the Financial Services Commission (FSC) is extending restrictions on short selling until May 2 and allow short selling of 350 shares.
The minimum required capital for private equity funds will be raised from 100 million won ($89,400) to 300 million won, after a law was amended Tuesday.