Financial Supervisory Service
- South Korea Pulls Mid-Rate Loans Out of Second-Tier Lenders' Household Debt Caps
Korea's FSS will fully exclude mid-rate loans at savings banks and other second-tier lenders from household debt quotas to protect lower-credit borrowers' acces
- Korea Extends Margin Rules for Non-Cleared OTC Derivatives by Another Year
Korea's Financial Supervisory Service renewed its margin-exchange guideline for non-cleared OTC derivatives, keeping the 3 trillion won threshold in place.
- FSS Union Demands Immediate Halt to Plan Moving Korea's Financial Watchdog Out of Seoul
The Financial Supervisory Service's labor union called a government push to relocate the regulator a grave misstep, warning it would weaken front-line oversight
- South Korea's FSS to Co-Host International Climate Risk Conference on September 2
Korea's Financial Supervisory Service and Ewha Womans University will co-host an international conference on climate risk in finance on September 2.
- Korea to Split Car-Crash Complaint Handling Between Insurers' Body and FSS
From September, Korea's insurance association will handle car-accident fault-ratio and poor-service complaints, while the FSS keeps formal disputes.
