Vice Chairman holds talks on strengthening protection for consumers against the threat of illegal private lending and fraudulent activitiesMar 29, 2024

Vice Chairman Kim Soyoung of the Financial Services Commission held a meeting with officials from consumer protection organizations and industry groups on March 29 and discussed ways to strengthen protection for consumers. At the meeting, Vice Chairman Kim and participants discussed the need to raise awareness about illegal private lending and debt collection activities and to increase cooperation among related organizations to better inform consumers about their threat and protect them.