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June 2019

K-ICS to be Implemented in Stages

    By Yoon Young-sil | Business Korea | June 28, 2019

    The Financial Services Commission announced on June 27 that the Korean Insurance Capital Standard (K-ICS) as a new capital adequacy regulation will be introduced in 2022 as previously scheduled yet a grace period of 10 to 20 years will be given at the same time.Read More »K-ICS to be Implemented in Stages