Press Release_ February 23rd

Amendments to FSCMA Passed at the National Assembly

Amendments to the Financial Investment Services and Capital Markets Act (FSCMA) were passed at a general meeting of the National Assembly on February 18, 2010. The amendments were made based on six proposals submitted by legislators to address various issues raised since FSCMA came into effect in February 2009. CLICK HERE


About FSC Korea
The Financial Services Commission has been established for the purpose of protecting the integration of Korea’s financial markets by promoting sound credit system and fair business practices. To this end, the FSC serves as a consolidated policy making body for all matters pertaining to supervision of the financial industry as a whole. To raise the efficiency, the posts of the FSC Chairman and the FSS Governor were separated on March 2008 for clear distinction between policy-making and execution of financial market supervision

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