Photo News - Financial Services Commission

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SFC Chairman presides over meeting on stamping out stock market manipulationJan 14, 2026

Vice Chairman Kwon Dae-young of the Financial Services Commission who doubles as the Chairman of the Securities and Futures Commission presided over the meeting on stamping out stock market manipulation with officials from the Financial Supervisory Service and the Korea Exchange on January 14 where authorities decided to expand the organizational capacity of the previously launched joint response unit. In order to boost the effectiveness of capital market investigation, the authorities decided to establish an additional team to speed up the investigation and sanctions process to more effectively root out unfair trading activities in capital markets. The newly established two-team organizational framework in the joint response unit will help to promote competition and collaboration between them.
FSC Chairman presides over annual work report conference of public financial institutionsJan 13, 2026

Chairman Lee Eog-weon of the Financial Services Commission presidedover the annual work report conference of public financial institutions on January 13. At today's conference, officials from eight public financial institutions, which include Korea Development Bank, Industrial Bank of Korea, Korea Credit Guarantee Fund, Korea Inclusive Finance Agency, Credit Counseling and Recovery Service, Korea Asset Management Corporation, Korea Deposit Insurance Corporation, and Korea Housing Finance Corporation, presented their annual work plans and key business agendas for 2026. In pursuing various policy agendas to make the financial industry more productive and inclusive, Chairman Lee said that public financial institutions are at the forefront of implementing government policies. Therefore, Chairman Lee asked public financial institutions to boost collaboration between organizations and maintain consistency in policy implementation, while ensuring transparency and openness in their operations.
FSC Chairman presides over annual work report conference of affiliated organizationsJan 12, 2026

Chairman Lee Eog-weon of the Financial Services Commission presided over the annual work report conference of affiliated organizations on January 12. At today's conference, officials from seven affiliated organizations, which include Korea Exchange, Korea Securities Depository, Korea Growth Investment Corporation, Korea Credit Information Services, Financial Security Institute, Korea Insurance Development Institute, and Korea Financial Telecommunications and Clearings Institute, presented their annual work plans and key business agendas for 2026. Speaking about the critical role and the responsibility of public financial infrastructure providers, Chairman Lee underscored the importance of these organizations in ensuring stability and preventing accidents and cyber breaches. In addition, Chairman Lee called for increased attention to maximize the potential of artificial intelligence in the financial sector while adhering to the basic principles of data protection.
FSC Chairman outlines key measures to boost financial inclusionJan 08, 2026

Chairman Lee Eog-weon of the Financial Services Commission presided over the first meeting on propelling a transition to inclusive finance with officials from related public organizations, five major financial holding groups, and private sector experts on January 8. At the meeting, Chairman Lee outlined key policy measures to boost financial inclusion going forward through joint efforts from the public and private sectors. The measures include (a) improving financial access and reducing financial cost burden, (b) providing support for vulnerable groups to help them quickly recover and regain footing, and (c) strengthening financial safety nets. Since it is important to have mutual understanding and close collaboration among all participants in pursuing these inclusive finance measures, Chairman Lee said that the FSC will continue to have close communication with various stakeholders and operate a taskforce on each policy task area to seek detailed measures and follow up with implementation.
FSC Chairman presides over meeting on preventing illegal private lendingDec 29, 2025

Chairman Lee Eog-weon of the Financial Services Commission presided over a meeting with officials from related organizations and financial consumer groups to have discussions on ways to prevent illegal private lending on December 29. At the meeting, Chairman Lee spoke about the importance of boosting public advertisement efforts to make sure that everyone is aware of the recently revised law nullifying illegal private loan contracts charging more than 60 percent annually in interest payments. To help strengthen responses against illegal private lending, the FSC unveiled plans to upgrade relevant rules to provide one-stop assistance for victims and seek prompt suspension of accounts for those that have been utilized in illegal private lending activities.
FSC Chairman presides over 3rd meeting on propelling transition to productive financeDec 22, 2025

Chairman Lee Eog-weon of the Financial Services Commission presided over the third meeting on propelling a transition to productive finance with officials from the venture industry, financial institutions, market infrastructure providers, and experts on December 22. At the meeting, FSC Chairman Lee laid out four major policy initiatives put forward by the government as follows(a) allowing the entry of new electronic securities registries specializing in unlisted stocks, (b) revamping regulations on PEFs (institution-only PEFs) in line with global standards, (c) establishing a system to monitor institutional investors compliance with the stewardship code whileexpanding the scope of stewardship codes application, and (d) continuing to supervise and monitor the supply of venture capital by large IBs.
FSC Chairman meets with UK Ambassador to KoreaDec 22, 2025

Chairman Lee Eog-weon of the Financial Services Commission met with Ambassador Colin Crooks of the United Kingdom to the Republic of Korea at his office in Seoul Government Complex on December 22. At the meeting, Chairman Lee and Ambassador Crooks exchanged views on expectations for global economy in 2026, financial policies in each country, and ways to strengthen financial cooperation between Korea and the U.K.
Vice Chairman presides over financial education council meetingDec 22, 2025

Vice Chairman Kwon Dae-young of the Financial Services Commission presided over this year's second financial education council meeting with officials from related organizations and consumer associations on December 22. At the meeting, Vice Chairman Kwon discussed the importance of providing financial education programs tailored to the needs of different lifestages. In this regard, Vice Chairman talked about the growing need to enhance digital financial literacy for teenagers and strengthen the provision of educational programs to help prevent financial crimes and damages from financial frauds or accidents.
Vice Chairman holds meeting on comprehensive finance-employment-welfare assistance for vulnerable groupsDec 16, 2025

Vice Chairman Kwon Dae-young of the Financial Services Commission presided over a meeting with officials from related ministries and organizations on December 16 to go over the progress of providing the comprehensive finance-employment-welfare assistance for vulnerable groups in the past two years and discuss plans for the program in the upcoming year. By closely aligning and coordinating different policies implemented by various government agencies, the government was able to provide more effective and meaningful assistance to those in need. Since the comprehensive support program was first made available two years ago, about 210,000 individuals received support in one form or another. Building upon the successful implementation of policy coordination, the government plans to expand the scope of services made available through this program and strengthen collaboration with other regional organizations and financial institutions next year.
FSC Chairman holds meeting to monitor market conditions and review risk factorsDec 15, 2025

Chairman Lee Eog-weon of the Financial Services Commission presided over a meeting with related authorities, research institutions,and market experts on December 15 to review financial market conditions and risk factors going forward. At the meeting, Chairman Lee spoke about the importance of being thoroughly prepared for the unexpected in the market. To this end, the FSC plans to continue to have market monitoring meetings with related authorities and market experts on an ongoing basis, while continuing to make available market stabilization programs in 2026.
FSC Chairman attends National Growth Fund launching eventDec 11, 2025

Chairman Lee Eog-weon of the Financial Services Commission attended the launching event for National Growth Fund and presided over the kickoff meeting of its joint strategy committee on December 11. In his opening remarks, Chairman Lee spoke about the importance of mobilizing all necessary national capacities for securing a competitive edge amid the deepening of global competition over industries and technologies. As industries are driving innovation and growth with a vision for future and the financial sector is providing venture capital to innovative companies and promising enterprises, Chairman Lee underscored the significance of industries and financial sectors coming together in collaborative efforts with the government to provide a strong engine of growth for the economy. With the launching of National Growth Fund, Chairman Lee also urged financial companies to bolster their capacities to be able to more actively supply venture capital and make investment in high-tech strategic industries.
FSC Chairman attends long-term personal debt cancellation ceremonyDec 08, 2025

Chairman Lee Eog-weon of the Financial Services Commission attended the first long-term debt cancellation ceremony for vulnerable debtors made available under the New Leap Fund program on December 8. About 70,000 individuals whose delinquent debts worth KRW1.1 trillion have been acquired by the New Leap Fund program qualified for the first batch of debt cancellation today. At the event, Chairman Lee delivered congratulatory remarks underscoring the significance of providing opportunities to start afresh for vulnerable debtors. In this regard, Chairman Lee said that the financial turning point made available by the New Leap Fund program will help vulnerable debtors to regain footing financially and facilitate our economy to get back on course for a virtuous cycle of growth.