2025-07-23 | 84995The Financial Services Commission designated five bank holding companies and five banks as domestic systemically important banks and financial institutions for 2026, maintaining the same list as the previous year. These designated entities are required to hold an additional 1.0 percent common equity capital, although no actual increase in capital ratios is mandated due to the unchanged roster. Additionally, the institutions must submit recovery plans to the Financial Supervisory Service within three months of their designation under the amended Act on the Structural Improvement of the Financial Industry.