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Financial Regulatory Innovation Committee Discusses Measures to Improve Capital Market Regulations
The financial regulatory innovation committee (FRIC) held its 6th meeting on January 19 and discussed measures to improve regulations in capital markets. The measures include (a) improving foreign investors¡¯ access to capital markets through abolishment of the foreign investors¡¯ registration system and phased expansion of English disclosure requirement to boost the global dynamism in domestic capital markets and (b) establishing a regulatory framework on the issuance and distribution of security tokens to permit security token offerings (STOs) and to promote development of a safe secondary market. Prior to today¡¯s meeting, authorities held a private sector advisory working group meeting on January 10 and listened to opinions related to these agendas.
2023.01.26
Authorities Hold Meeting to Monitor Financial Market Situation and Discuss Stabilization Measures
FSC Vice Chairman Kim So-young presided over a meeting with the Financial Supervisory Service and policy financial institutions on January 12 to check the corporate bond and CP (commercial paper) market situations and discuss the effects of market stabilization measures currently in place as well as the support plan for 2023.
2023.01.19
Press
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Korea-Japan Parternship More Important Than Ever
The relationship between Korea and Japan has a huge impact on both our economic growth and security. I am confident that it is a propitious time to strengthen the two countries¡¯ bilateral ties.
2022.09.06
Public Expects Huge Economic Effects from Hosting Busan Expo
Amajority of people expect Korea to reap a great deal of economic benefits, including the creation of jobs and a tourism boom, from hosting the 2030 Busan World Expo, according to the Korea Chamber of Commerce and Industry (KCCI).
2022.06.20
Recent Events
KCCI Host the 5th Regional Economic Forum
KCCI Host 2030 Distribution Outlook Seminar
Korea-Germany Business Rount-table with German President Frank-Walter Steinmeier