National Assembly Subcommittee on Political Affairs Discusses Amendments to Depositor Protection Act Today

The National Policy Committee of the National Assembly will hold a subcommittee today (25th) to discuss amendments to the Depositor Protection Act, which includes raising the deposit protection limit from 50 million won to 100 million won.

Earlier on the 13th, the ruling and opposition parties agreed to deal with bills on people's livelihoods, including amendments to the Depositor Protection Act, in preparation for increased volatility in the financial market.

The ruling and opposition parties plan to deal with the bill on people's livelihoods at the plenary session as early as the 28th after a general meeting of the standing committee.