The FSC announced its ‘Action plan to Promote Creative Finance’ on August 26, 2014. The plan comprises of three key tasks: 1)facilitate technology finance to reach out to lenders and businesses announced; 2)foster venture capital markets to finance start-ups and venture businesses; and 3)cultivate innovation-friendly culture in the financial sector.
A review committee will be formed in September to review and evaluate the progress on a continuous basis. The action plan will go into force immediately.
Please read the press release for more details -> http://www.fsc.go.kr/downManager?bbsid=BBS0048&no=92506