New financial regulator aims to forge strong ties with financial watchdog
Young finance chiefs’ collaboration raises both concerns and expectations By Jun Ji-hye Kim Byoung-hwan was officially appointed by President Yoon Suk Yeol as the chief of the Financial Services Commission…
FSS slaps record short selling fine on Credit Suisse
Global investment bank Credit Suisse affiliates have been fined a record amount for violating Korea’s short selling regulations. The Securities and Futures Commission under the Financial Services Commission announced that…
FSC chief nominee vows to keep tight rein on household debts
First Vice Finance Minister Kim Byoung-hwan, the nominee to head the Financial Services Commission, said he must put in all efforts to bring down the fast growth of household debts…