FSC Korea News

FSC Revises Business Development Company (BDC) Rules

The Financial Services Commission (FSC) of South Korea has revised rules for Business Development Companies (BDCs) to promote venture investment. The revised rules, effective March 17, 2026, mandate specific investment ratios in unlisted startups and venture businesses, with provisions for lending and safe asset investments.

FSC Clarifies Shareholding Rules for Institutional Investors

The Financial Services Commission (FSC) of Korea has provided statutory interpretations to clarify shareholding rules for institutional investors, particularly concerning the '5% rule' for reporting significant shareholdings. These clarifications aim to facilitate shareholder activities and enhance corporate value ahead of the annual general meeting season.

FSC Korea: Household Loans Increased KRW2.9 Trillion in February 2026

The Financial Services Commission (FSC) Korea reported that outstanding household loans increased by KRW2.9 trillion in February 2026, driven by mortgage loans. The FSC noted the need for continued monitoring of household loans and the real estate market.

Revised Act on Financial Fraud and Virtual Assets Passed

South Korea's Financial Services Commission announced the passage of a revised Act on Financial Fraud and Virtual Assets. The amendments require virtual asset exchange service providers to implement vishing prevention and loss relief measures similar to financial companies, and expand eligible assets for victim refunds to include virtual assets.

FSC Chairman meets Standard Chartered CEO, discusses market

The Chairman of South Korea's Financial Services Commission (FSC) met with the CEO of Standard Chartered Group on March 13, 2026. They discussed global geopolitical impacts, market stability programs, and the FSC's productive finance initiative.