Policy Issues

Number Subject Publisher Date
680 FSC Announces 6th Financial Hub Policy   The FSC held the 49th meeting on promoting financial hubs in Korea on May 31 and decided on the 6th financial hub policy for 2023-2025. Financial Services Commission 2023.06.01
679 Monthly Industrial Statistics, April 2023   1. Production Trend □ The Index of All industry production in April decreased by 1.4 percent from the previous month. □ The Index of All industry production in April decreased by 0.8 percent from the same period of the previous year. Statistics Korea 2023.06.01
678 Taskforce on Financial Data Holds Kick-off Meeting   The FSC launched a taskforce to improve regulations on financial data on May 18 with officials from financial companies, fintechs, private sector experts and relevant institutions participating. The taskforce aims to lay groundwork to promote data-driven innovation in financial sectors, strengthen the competitiveness of domestic financial industry and help to resolve the challenges faced by small- and medium-sized startups and venture businesses. Financial Services Commission 2023.05.25
677 Results of the Farm and Fishery Household Economy Survey in 2022   Ⅰ. Farm household economy □ In 2022, the average farm household income recorded 46.15 million won, which decreased by 1.61 million won (-3.4) from 2021. Statistics Korea 2023.05.25
676 FSC Chairman Speaks about Opportunities and Challenges in Embracing AI in Financial Sector   FSC Chairman Kim Joo-hyun attended a seminar on boosting the competitiveness of artificial intelligence (AI) in financial sectors hosted by Korea Credit Information Services on May 17 and delivered congratulatory remarks. At today’s seminar, experts from both public and private sectors shared key trends of AI usage in financial sectors and discussed policy strategies to boost the competitiveness of the financial industry. The following is a summary of FSC Chairman Kim’s remarks. Financial Services Commission 2023.05.18
675 FSC Introduces Measures to Facilitate Corporate Merger and Acquisition Activities   The FSC announced a set of measures aimed at facilitating corporate merger and acquisition activities on May 8. In the second half of this year, the FSC also plans to announce additional policy agenda items for facilitating corporate M&A activities through coordination with the Ministry of Justice. Financial Services Commission 2023.05.11
674 Economically Active Population Survey in April 2023   ◦ The economically active population marked 29.236 million persons in April, which grew 294 thousand persons or 1.0 year-on-year. Statistics Korea 2023.05.11
673 Monthly Industrial Statistics, March 2023   1. Production Trend □ The Index of All industry production in March increased by 1.6 percent from the previous month. □ The Index of All industry production in March increased by 2.2 percent from the same period of the previous year. Statistics Korea 2023.05.04
672 FSC and KAI Participate in First Meeting of Sustainability Standards Advisory Forum   The FSC and the Korea Accounting Institute (KAI) participated in the first meeting of the Sustainability Standards Advisory Forum (SSAF), an official advisory body of the International Sustainability Standards Board (ISSB), on April 17 in Frankfurt, Germany. Financial Services Commission 2023.04.27
671 Livestock Statistics in the First Quarter of 2023   □ In the first quarter of 2023, the number of ′Korean native cattle and beef cattle′ and layers recorded a year-on-year increase. Whereas, the number of dairy cattle, pigs, broilers and ducks recorded a year-on-year decrease. Statistics Korea 2023.04.27