Search results for Financial Services Commission
AI & Enterprise
MSIT holds cybersecurity workshop based on OpenAI TAC
South Korea’s Ministry of Science and ICT said it held an AI security hands-on workshop with OpenAI on May 18, joined by several government bodies and related institutions. OpenAI’s Sasha Baker explained the Trusted Access for Cyber programme and demonstrated cybersecurity functions of the latest AI models. The ministry asked OpenAI to share information and cooperate on responding to AI security threats, and both sides agreed to continue working-level discussions.
Finance
FSC begins designing tokenised securities market structure, reviews trading limits and licensing requirements
South Korea\'s Financial Services Commission is accelerating detailed rule design for tokenised securities ahead of the制度\'s rollout. It held a second public-private meeting on May 15 to discuss frameworks for issuance, distribution and infrastructure, and reviewed issues tied to planned July revisions to subordinate regulations and guidelines. The group discussed eligibility of underlying assets, possible permission for bundled assets in limited cases, and preparations for broader tokenisation. It also debated OTC exchange licensing, dual-business scope and trading limits.
Finance
Competition heats up in foreign integrated accounts as market eyes overseas retail inflows to Korean stocks
Foreign integrated account services that allow overseas retail investors to trade Korean stocks through local brokerage apps are expanding. Samsung Securities has launched a service with Interactive Brokers, while Hana Securities and Meritz Securities are widening partnerships in Asia and preparing a launch with Webull. Authorities have eased related rules, including scrapping the foreign investor registration system. Markets expect the change to raise accessibility over time rather than immediately shift flows.
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Finance
Toss Bank wins full licence for financial investment business, eyes fund sales in second half
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Crypto
Global stablecoin push puts pressure on South Korea to move fast on won framework
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Finance
Inclusive finance pressure mounts, raising tensions in South Korean banks
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Finance
FSC tightens delisting rules, revises market cap, penny stock and disclosure violation criteria
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People
Korea Exchange appoints Han Gu as executive director
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Finance
Overseas Koreans to digitise financial power of attorney, process directly at banks without international mail
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AI & Enterprise
NH NongHyup Financial speeds up buildout of AI control framework, strengthens foundation for responsible AI
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AI & Enterprise
South Korea\'s ICT ministry eyes access to Anthropic\'s Mythos
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Finance
FSC steps up sovereign AI drive with advanced industry outreach
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Crypto
Eyes on amended AML enforcement decree as industry fears burden from digital asset rules
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Finance
KOSPI nears 8,000 as AI moves into financial front lines
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AI & Enterprise
Govt asks Anthropic to share info ahead of vulnerability disclosure
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Finance
Hecto Financial wins FSC chairman award at ESG conference, highlighting global payment innovation
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Finance
Public growth fund sales to start on May 22, backing unlisted firms and tech-special Kosdaq listings
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Finance
FSC urges securities sector to restore core functions, discusses expanding risk capital supply