Photo News - Financial Services Commission

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Vice Chairman presides over joint meeting on anti-voice phishing measuresAug 20, 2026

Vice Chairman Kwon Dae-young of the Financial Services Commission presided over the second joint meeting on anti-voice phishing measures held with officials from related agencies and major financial institutions on August 20. At today's meeting, Vice Chairman Kwon discussed the significance of the AI-based anti-phishing Sharing and Analysis Platform (ASAP) launched last year as it has helped to prevent potential scams estimated at about KRW66.36 billion between October 2025 and July 2026. More importantly, however, Vice Chairman Kwon emphasized that the platform has enabled the financial and telecommunications sectors and investigation authorities to more closely and systematically work together without the regulatory barriers or obstacles that existed before. In this regard, Vice Chairman Kwon said that the government will continue to work to ensure the maintenance of close cooperation and coordination among related organizations to stamp out and prevent damages from vishing scams and other types of financial frauds.
FSC Chairman presides over 53rd financial hub development committee meetingAug 19, 2026

Chairman Lee Eog-weon of the Financial Services Commission presided over the 53rd financial hub development committee meeting held on August 19. At the meeting, the committee approved the 7th three-year plan for financial hub policy for 2026-2028, laying out strategies in theareas of(a) promoting the development of innovative financial services, (b) taking a leading role to facilitate the convergence of financial and nonfinancial services, (c) upgrading regulations and infrastructures to make the domestic capital markets more foreign investor-friendly, and (d) providing active support for domestic financial companies to expand their business operations overseas.
FSC Chairman delivers welcoming remarks at 10th joint finance job fair opening eventAug 19, 2026

Chairman Lee Eog-weon of the Financial Services Commission attended the opening ceremony of the 10th joint finance job fair and delivered welcoming remarks on August 19. With82 financial institutions joining the event, the 10th annual job fair is being held in the largest scale ever this year. From 2027, the joint finance job fair event will be held twice yearly including a venue outside the Seoul metropolitan area to offer more opportunities for jobseekers in non-Seoul areas. In his speech, Chairman Lee spoke about both challenges and opportunities presented by AI for finance jobseekers and urged financial companies to make efforts to expand the supply of quality jobs and opportunities for young adults.
FSC Chairman presides over expanded meeting on household debt managementAug 14, 2026

Chairman Lee Eog-weon of the Financial Services Commission presided over an expanded meeting on household debt management with officials from related ministries, organizations, and financial industries participating on August 14. At the meeting, officials went over recent trends in household loans and discussed ways to effectively implement the government's housing finance measures announced a day before with aims to shore up the supply of housing and boost the provision of housing finance support for young adults. As the measures necessitate an upward adjustment of the previously set growth target for this year, FSC Chairman Lee said that financial companies should work to make sure that their freed up lending capacity is directed toward non-speculative homebuyers and renters in the form of relocation loans and so on for particular purposes that fit specific categories under the newly announced measures. In this regard, Chairman Lee said that it is critical to make sure that the freed up lending capacity in the financial sector is not viewed as an easing of loan regulations or household loan management.
FSC Chairman announces financial measures to shore up housing supply and boost housing finance support for young adultsAug 13, 2026

Chairman Lee Eog-weon of the Financial Services Commission announced comprehensive financial measures to facilitate the supply of housing and boost the provision of housing finance support for young adults at aninter-ministerial joint briefing held on August 13. At the briefing, Chairman Lee outlined specific details including an expanded supply of public guarantee support for housing development and construction projects, a new public guarantee program intended to promote urban renewal projects, and a set of housing finance assistance programs targeted at young adults. Considering the need to expand the supply of housing and boost the availability of housing finance for non-speculative homebuyers and renters, the total volume of annual household debt growth target for this year will be raised to a 3-percent level from the initially planned level of 1.5 percent.
FSC Chairman holds meeting with financial investment businessesJul 28, 2026

Chairman Lee Eog-weon of the Financial Services Commission held a meeting with financial investment businesses and discussed ways to strengthen the management of single-stock leveraged products on July 28. At the meeting, Chairman Lee urged financial investment businesses and related organizations to make sure to promptly implement the measures announced by the government on July 16 and sought cooperation from them to better protect investors and help to stabilize demand in the market. The FSC plans to continue to closely monitor market situation and have in-depth discussions with market experts and investors to be ready to employ additional measures if it becomes necessary.
FSC Chairman holds conference on ultra-long-term technoloty investment fundJul 20, 2026

Chairman Lee Eog-weon of the Financial Services Commission held a public conference on the introduction of an ultra-long-term technology investment fund with financial investment businesses, venture capital investors, and industry experts on July 20. Theultra-long-term technology investment fund planned to be launched in the third quarter of this year in the size of KRW880 billion for a duration of fifteen years will provide targeted funding support for the development of strategic high-tech and future industries particularly in the areas that require patient capital over a longer-term horizon. In his opening remarks, Chairman Lee spoke about the significance of launching an ultra-long-term tech investment fund through within the apparatus of the National Growth Fund as it will help to secure the competitive edge needed to propel the development of future technologies and industries. In the process of preparing for the launch and designing incentives for the asset management companies that will oversee the management of the ultra-long-term tech investment fund, Chairman Lee said that authorities will make sure to have close communication and engagement with the market and industry officials.
Vice Chairman meets with Vietnam's Deputy Finance MinisterJul 16, 2026

Vice Chairman Kwon Dae-young of the Financial Services Commission met with Vietnam's Deputy Minister of Finance Nguyen Duc Chi at his office in Seoul Government Complex on July 16. At the meeting, Vice Chaiman Kwon and Vietnam's Deputy Finance Minister Chi held talks on ways to strengthen bilateral cooperation particularly in the areas of capital market development. As comprehensive strategic partners, the two leaders also agreed to broaden up bilateral financial cooperation and facilitate exchanges in the areas of insurance and fintech.
FSC Chairman holds public conference on housing financeJul 15, 2026

Chairman Lee Eog-weon of the Financial Services Commission held a public conference on housing finance to seek opinions and suggestions on ways to improve the government's housing finance measures on July 15. The public conference was also broadcast live online to encourage participation from ordinary citizens. In his opening remarks, Chairman Lee spoke about the importance of continuing to stably manage the size of household debt, while ensuring a steady provision of housing ladder for young adults and non-speculative homebuyers. In this regard, Chairman Lee asked participants to actively make suggestions and raise ideas on what the financial sector can do to better respond to housing demand and assist the supply of housing.
FSC Chairman attends information protection day commemoration eventJul 10, 2026

Chairman Lee Eog-weon of the Financial Services Commission attended the information protection day commemoration event hosted by the Financial Security Institute on July 10 and presented awards to selective companies and individuals that have made contributions to make the financial industry more credible and stable. At today's event, Chairman Lee spoke about the importance of maintaining close cooperation between the government and businesses in the private sector to be able to more effectively respond to newly emerging digital threats in an era of AI transformation. In this regard, Chairman Lee said that authorities will continue to work on regulatory improvements to help financial companies better cope with AI related cybersecurity risks and create a safer and more reliable environment for digital finance.
FSC Chairman presides over meeting on inclusive financeJul 09, 2026

Chairman Lee Eog-weon of the Financial Services Commission visited Jeonju, North Jeolla Province on July 9 and presided over the sixth meeting on propelling a transition to inclusive finance with officials from local banks and industry associations participating. At today's meeting, authorities discussed key policy agendas for expanding the supply of regional finance, boosting financial access in regions and strengthening the availability of financial safety net in regional economies. In his opening remarks, Chairman Lee stressed the importance and the need to expand regional finance to promote a regionally well-balanced growth across the country and ensure a sustainable growth in our economy. In this regard, as part of the effort to make banking services more accessible across the country, Chairman Lee said that about 20 post offices throughout the country, especially in relatively underserved locations, will begin to offer third-party banking (bank agency) services from July 20, which will help to boost consumer convenience and contribute to the goal of a regionally well-balanced growth.
FSC Chairman presides over meeting on prevention of stock market manipulation with joint response teamJul 08, 2026

Chairman Lee Eog-weon of the Financial Services Commission presided over the meeting on the prevention of stock market manipulation and unfair trading activities on July 8 with officials from related organizations, market experts, and joint response team participating. The joint response team for preventing stock market manipulation and unfair trading activities was launched in July last year. In this regard, Chairman Lee said that the joint response team has since worked on the frontlines of ensuring trust and credibility in our capital markets by quickly identifying illegitimate activities and bringing strict sanctions against them. Going forward, Chairman Lee said that authorities will seek to strengthen the organization's investigative and sanctions capacity and expand the utility of the AI-driven market surveillance system.