Policy Issues

Number Subject Publisher Date
380 30-Day Extension of Reporting Deadline Granted to 15 Companies   The Securities and Futures Commission decided on August 5 to lift administrative sanctions and grant a 30-day extension of reporting deadline to all fifteen companies that applied for sanctions exemptions due to pandemic-related disruptions in their business operation. Financial Servies Commission 2020.08.05
379 Consumer Price Index in July 2020   □ The Consumer Price Index was 104.86(2015=100) in July 2020. The index remained unchanged from the preceding month and rose 0.3 percent from the same month of the previous year. Statistics Korea 2020.08.04
378 FSC Chairman Holds Meeting with Heads of State-backed Financial Institutions   FSC Chairman Eun Sung-soo met with heads of state-backed financial institutions on July 29, and held talks on the essential role of policy banks in facilitating the government′s new deal initiative and ensuring a seamless implementation of the COVID-19 emergency support programs. Financial Servies Commission 2020.07.29
377 Livestock Statistics in the Second Quarter of 2020   □ In the second quarter of 2020, the number of ′Korean native cattle and beef cattle′, dairy cattle and layers marked an increase, while the number of pigs, broilers and ducks marked a decrease compared to the second quarter of 2019. Statistics Korea 2020.07.23
376 FSC Approves BC Card and Woori Bank′s Holding of 34% and 19.9% Each in K Bank   The FSC announced its decision to approve BC Card and Woori Bank′s holding of 34 percent and 19.9 percent stake each in K Bank on July 22. Financial Servies Commission 2020.07.22
375 Korean National Balance Sheets for 2019   A look at the preliminary Korean National Balance Sheets (KNBS) for 2019 finds that Korean national wealth — the net worth of the total economy — amounted to 16,621.5 trillion won as of year-end 2019, 1,057.7 trillion won (+6.8) higher than the previous year’s figure. Statistics Korea 2020.07.21
374 Extension of Reporting Deadline Available for Companies Affected by COVID-19   The Securities and Futures Commission decided on July 15 to lift administrative sanctions and grant a 30-day extension of deadline for companies that are unable to meet the quarterly or semi-annual reporting deadline of August 14 due to pandemic-related disruption in their business operation. Financial Servies Comm... 2020.07.15
373 Economically Active Population Survey in June 2020   ○ The economically active population marked 28,283 thousand in June, which decreased 262 thousand persons or 0.9 year-on-year. Statistics Korea 2020.07.15
372 Government to Provide Consulting and Financial Support to Businesses in Restructuring   Vice Chairman Sohn Byungdoo presided over the 11th financial risk assessment meeting on July 7 to discuss the financial market conditions and monitor the progress in implementing the COVID-19 financial support. Financial Servies Commission 2020.07.07
371 Consumer Price Index in June 2020   □ The Consumer Price Index was 104.87(2015=100) in June 2020. The index increased 0.2 percent from the preceding month and was unchanged from the same month of the previous year. Statistics Korea 2020.07.02