NEW · FSC

Regulations on Supervision of Banking Business

은행업감독규정 — English Edition

Enforcement date: 1 April 2026
Reference: FSC Public Notice No. 2026-10
Length: 91 pages
Format: PDF

The complete English text of Korea's Regulations on Supervision of Banking Business — the Financial Services Commission notification issued under the Banking Act and its Enforcement Decree — reflecting amendments through FSC Public Notice No. 2026-10 (effective 1 April 2026). It is based on the last official English edition (FSC Public Notice No. 2023-37, 2023) and updated with every subsequent amendment, with the updated provisions highlighted in the text.

What's inside

Amendments incorporated in this edition

Preview First 3 pages — free
Loading preview…
Download the full document Free

Tell us who you are and the complete PDF is yours — 91 pages, A4 PDF.

PDF · Instant download · We never sell your details.

Frequently asked questions

How current is this English edition?

It reflects the Korean text as amended through FSC Public Notice No. 2026-10 (effective 1 April 2026). It is based on the last official English edition (FSC Public Notice No. 2023-37, 2023) and incorporates every amendment made since, with the updated provisions highlighted and annotated with their amendment dates.

What are the Regulations, and how do they relate to the Banking Act?

The Regulations on Supervision of Banking Business (은행업감독규정) are a notification issued by the Financial Services Commission (FSC) under the Banking Act and its Enforcement Decree. They set out the detailed prudential and supervisory rules for banks — authorization and reporting, stockholding, corporate governance, business conduct, capital adequacy and sound management, foreign-exchange soundness, credit risk management, and supervision and examination.

What has changed since the 2023 edition?

Key updates include the framework for systemically important banks — additional capital requirements and large-exposure limits for domestic (D-SIB) and global (G-SIB) systemically important banks — additional bad-debt reserve and independent verification requirements, transitional loan-to-deposit ratio schedules, and updated cross-references. Each updated article is highlighted and annotated with its amendment date.

Who issues and administers these Regulations?

They are issued by the Financial Services Commission (금융위원회, FSC). Day-to-day supervision and examination are carried out by the Financial Supervisory Service, whose head is referred to in the text as the Governor of the Financial Supervisory Service.

Related documents

Advisory

Questions about this document?

H&S Partners is a licensed Korean law office. If you need advice on how these rules apply to your business, transaction or fund — or a professional translation of a Korean document you cannot find here — we would be glad to hear from you.

Request advice →

A lawyer replies personally, usually within one business day. Sending an enquiry does not create a lawyer–client relationship.