Regulatory Alerts2024-12-19 | 83678FSC and FSS Announce Measures to Ensure Market Stability and Bolster Support for the Real Economy
The Financial Services Commission and the Financial Supervisory Service announced measures to ensure financial market stability and enhance support for the domestic real economy amid global uncertainties. Key regulatory adjustments include postponing the stress capital buffer requirement for banks, excluding certain non-hedgeable foreign exchange positions from risk calculations, and reducing risk exposure weights for insurance companies contributing to market stabilization funds. Additional changes aim to lower financing burdens by introducing variable risk weights for venture funds, permitting the use of overseas credit ratings, and refining risk weight applications for non-financial holding companies.
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