Regulatory Alerts2024-11-13 | 83396FSC Extends Market Stabilization Programs and Real Estate Regulation Easing
The Financial Services Commission announced the extension of market stabilization programs worth up to KRW37.6 trillion for corporate bonds and KRW53.7 trillion for real estate project finance through 2025 to mitigate global economic uncertainties. Vice Chairman Kim Soyoung also ordered the extension of temporarily eased regulations on the real estate project finance market until June 2025 to facilitate an orderly soft-landing. The regulator emphasized continuous monitoring of financial institutions' capital levels and pledged to implement additional support measures if necessary to prevent risk contagion.
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