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What is 2014 Financial Policy Initiatives about?

The Financial Services Commission (FSC) of Korea announced its financial policy direction for 2014. The key goals are to establish market discipline, ensure stability of the financial system, and strengthen competitiveness of the financial industry. Some of the major policies and initiatives include establishing a specialized IT security agency, abolishing regulations that hinder competition, developing new pension products, and creating a special agency to provide guarantees for the shipping industry. The

Author

Eduardo Petazze

Language

EN