Photo News - Financial Services Commission

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FSC Chairman attends 9th accounting day commemoration event and confers awards to recipientsOct 30, 2026

Chairman Lee Eog-weon of the Financial Services Commission attended the 9th accounting day commemoration event held on October 30 and conferred awards to those who have made contributions to the improvement of accounting transparency in Korea. In his speech, Chairman Lee spoke about the importance of ensuring transparency and reliability in accounting practices since the accounting industry constitutes a key pillar fordriving the economic competitiveness of the country. In this regard, Chairman Lee said that financial authorities will continue to work on various measures to boost the quality of accounting and audit practices while dealing withaccounting frauds through strict sanctions.
FSC Chairman attends MOU signing on boosting support through "miso" microcredit programOct 30, 2026

Chairman Lee Eog-weon of the Financial Services Commission attended the memorandum of understanding (MOU) signing event held on October 30 with the financial companies that have pledged to make contributions toward the "miso" microcredit scheme. At the event, Chairman Lee spoke about the significance of contributions made by financial companies as the provision of this alternative microcredit support will be expanded to up to KRW600 billion a year by 2028 from the current level of KRW300 billion a year. With a new "miso" microcredit foundation planned to be set up by NongHyup (NH) Financial Group, the number of "miso" microcredit foundations will be increased to 39 institutions and the number of branches expanded from 168 currently to about 180 by 2027.
FSC Chairman presides over disaster response and safety management drill in financial sectorOct 29, 2026

Chairman Lee Eog-weon of the Financial Services Commission presided over this year's disaster response and safety management drill in the financial sector on October 29. The FSC is mandated to oversee response measures and procedures in the event of any disasters or accidents taking place in the financial sector, which may have the potential to cause a major disruption in national core infrastructures. This year's disaster response and safety management drill took place under the scenario of a massive sinkhole causing fire to the Korea Exchange's IT infrastructure and a DDoS attack debilitating certain functions of the KRX's computing system. During the drill, officials went over the process of quickly and properly responding to disaster situation and making a transition to an alternative IT infrastructure for quick recovery. At the meeting, Chairman Lee spoke about the importance of being thoroughly prepared with preventive measures to be able to effectively respond to disaster situations. In this regard, Chairman Lee called for ensuring zero tolerance in service disruption to maintain stability in the financial markets and minimize costs to the society.
FSC Chairman attends one-stop debtor assistance call center (1375) launch eventOct 29, 2026

Chairman Lee Eog-weon of the Financial Services Commission attended the one-stop debtor assistance call center (1375) launch event held on October 29 and had pep talks with the tellers at the call center. The one-stop debtor assistance call center (1375) is established to provide comprehensive financial counseling service for debtors and advise them about the availability of debt workout programs, remedies for the victims of illegal predatory lending, and opportunities for employment and welfare support programs. During his visit, FSC Chairman Lee said that the 1375 call center will offer a glimmer of hope to those struggling with personal indebtedness and help them build a foundation to recover and regain footing financially.
FSC Chairman presides over 7th meeting on inclusive financeOct 28, 2026

Chairman Lee Eog-weon of the Financial Services Commission presided over the seventhmeeting on propelling a transition to inclusive finance with officials from related organizations and private sector experts on October 28. At today's meeting, officials discussed plans to introduce a comprehensive evaluation system on inclusive finance for financial companies and ways to bolster the management of non-performing loans by public financial institutions. Speaking about a significant step forward achieved in the course of one year, Chairman Lee said that the personal debtor protection and delinquent debt management mechanisms have made a structural transition in the past year, moving away from the debt collection approach of the past toward a more debtor-friendly and recovery-oriented model. In this regard, Chairman Lee said that this is a continuous effort to redesign the paradigm of the financial industry to strengthen inclusive finance, which requires concerted efforts and cooperation from all financial sectors and public financial institutions.
FSC Chairman delivers congratulatory remarks at 11th annual finance day commemoration eventOct 27, 2026

Chairman Lee Eog-weon of the Financial Services Commission attended this year's finance day commemoration event on October 27 and delivered congratulatory remarks. The publicly designated day intended to raise awareness on finance and confer awards to those who have made contributions to the financial industry marks its eleventh year this year. In his speech, Chairman Lee spoke about the significance of embracing co-prosperity to facilitate a virtuous cycle of capital flows in the financial industry, local businesses, and the society. Speaking about the need to expand youth employment in the financial industry, Chairman Lee said that even in an era of AI and digital transformation, human judgment and senses as well as trust between humans drive the competitiveness of new technologies. In this regard, Chairman Lee said that our young people who grew up learning and becoming familiar with the new technologies from an early age should be able to gain more access to jobs in the financial industry.
FSC Chairman appoints 6th financial ombudsman panelOct 20, 2026

Chairman Lee Eog-weon of the Financial Services Commission appointed the 6th financial ombudsman panel consisting of five outside experts for the duration of two years on October 20. The newly appointed financial ombudsman panel will regularly make policy recommendations to make financial administration and supervisory practices more efficient and address inconvenience for financial consumers. At the appointment ceremony, Chairman Lee talked about the importance of having an independent and objective perspective to effectively address consumer inconveniences amid an ever rapidly changing financial sector environment.
FSC Chairman signs MOU to bolster support for vulnerable senior citizensOct 19, 2026

Chairman Lee Eog-weon of the Financial Services Commission signed a memorandum of understanding (MOU) with the Ministry of Health and Welfare, the insurance industry, and senior welfare assistance organizations on October 19 to bolster the provision of support designed for vulnerable senior citizens. The MOU will make available various types of financial (medical costs for falling injuries and free coverage for dementia insurance) and nonfinancial (health care and wellness management) assistance programs for senior citizens living alone. At the MOU signing event, FSC Chairman Lee spoke about the significance of this MOU as the collaboration between the insurance sector and senior health and welfare organizations will help to complement each other and bridge gaps in the provision of needed assistance to strengthen the social safety net for vulnerable senior citizens living alone. As part of continuous efforts to boost financial inclusion, Chairman Lee said that the government will closely work with related organizations to make financial and welfare policies work better for senior citizens.
FSC Chairman convenes meeting to review stock market situationOct 15, 2026

Chairman Lee Eog-weon of the Financial Services Commission convened a meeting with officials from related organizations and market experts on October 15 to review stock market conditions and discuss response strategies amid growing uncertainties at home and abroad. At the meeting, officials viewed that market volatility has risen recently due to global rate hike expectations, uncertainty over AI investment, and rising oil prices. In this regard, Chairman Lee said that it is critical to maintainclose cooperation between financial authorities and related organizations to make sure to closely monitor market movements and continue to stay vigilant to effectively manage risks and ensure market stability.
FSC Chairman holds meeting with SC Group officialsOct 12, 2026

Chairman Lee Eog-weon of the Financial Services Commission met with Standard Chartered Group's Chief Financial Officer Manus Costello and Chief Risk Officer Jason Forrester at his office in Seoul Government Complex on October 12. At the meeting, the two sides exchanged views on the impact of AI in the financial sector and potential risks and the rising competitiveness of Korea as a global financial hub. As the government continues to work on bringing about improvements to the financial rules and regulations in Korea, Chairman Lee said that the Korean authorities will continue to maintain close communication with global financial companies.
FSC Chairman convenes meeting on cyberattacks in financial sectorOct 04, 2026

Chairman Lee Eog-weon of the Financial Services Commission convened a meeting with officials from related organizations, industry groups, and financial companiesto discuss response measures against recent cyberattacks in the financial industryonOctober 4. At the meeting, officials shared the methods and patterns of cyberattacks appeared to have been used in recent data breaches at financial companies and agreed to stay alert and quickly inspect their own internal and external cybersecurity systems to make sure to prevent further damage. Speaking about the impact of rapid digital transformation and the significance of more closely aligned services and systems between financial companies, Chairman Lee said that the cybersecurity risk and vulnerability of a financial company can easily spread across all financial sectors. As such, Chairman Lee said that it is necessary for all financial companies to step up their own cybersecurity measures to make sure to prevent additional breaches and ensure consumer protection.
FSC Chairman presides over financial market monitoring meetingOct 01, 2026

Chairman Lee Eog-weon of the Financial Services Commission presided over a financial market monitoring meeting held on October 1 with officials from related organizations and industry experts. At the meeting, officials discussed the impact of global rate hikes on financial markets and industries and went over potential risk factors and response strategies. Speaking about the shifting monetary policy amid global inflation, changes in the AI and semiconductor sectors, and uncertain geopolitical situation in the Middle East, Chairman Lee said that it is necessary to stay vigilant and be thoroughly prepared for potential risks. To make sure that financial markets continue to stay stable and resilient, Chairman Lee urged authorities to look into every potential tail risk and have contingency plans ready.