FSC (Korea)
Financial Services Commission, South Korea
Date
Story
-
4 minutes
Korea will grade 17 banks on lending to low-income borrowers and publish the scores in March
The FSC and FSS will rate banks S to C on microloans and debt relief, with grades tied to microfinance contributions and fines from the second cycle.
-
5 minutes
Korea plans to resolve failing banks, insurers and brokers in three to four days
Korea’s FSC wants powers to resolve a failing bank, insurer or securities firm in three to four days, with creditor losses capped at liquidation value.
-
5 minutes
Korea sets April 2027 end for new KORIBOR loans and lifts KOFR targets for banks
Korea’s FSC will stop new KORIBOR loans from April 2027, raised KOFR swap targets and set KOFR bond quotas for banks, with policy lenders carrying the most.
