[Infostock Daily= Reporter Lee Kang-wook] The Financial Services Commission has decided to temporarily ease capital adequacy and liquidity regulations for financial institutions that have been financially supporting companies affected by new coronavirus infections (Corona 19 or COVID-19).
The Financial Services Commission held a financial situation review meeting with the vice chairman of the Financial Services Commission, Sohn Byung-doo, with 12 institutions including the Bank of Korea participating.
Sohn Byung-doo, vice chairman of the committee, said, "We will temporarily ease capital adequacy and liquidity regulations so that financial institutions participating in the welfare and financial stability package programs will not shrink." We will also improve the evaluation of financial institutions in consultation with related organizations. "
The Financial Supervisory Commission will announce details of deregulation soon.
Reporter Lee Kang-wook gaguzi@naver.com
