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Top News In Fsc Andy Today - Breaking & Trending Today
As the country s five-year-limited law on corporate debt restructuring or workout expired on Monday, the Financial Services Commission (FSC), the top financial regulator, has vowed to respond to the legislative vacuum with voluntary agreements between debt-lending financial institutions and money-borrowing corporations to minimize potential confusion in the market. The financial authority has also vowed to closely cooperate with the Assembly for the re-legislation of the law as soon as possible. ....
Insurance companies offering only pet insurance plans will now be allowed to enter the local market. Pets may soon be officially registered through their nose wrinkles or iris data. A convenient one-stop system, allowing pet owners to complete every step of the procedure - from signing up for veterinary hospitals to claiming hospital expenses with insurers - on a single platform, could be possible as early as next summer. ....
The Korean government has made the necessary preparations to respond to any potential impacts caused by the ongoing military clashes between Israel and Hamas. ....