Photo News - Financial Services Commission

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Vice Chairman holds meeting on financial consulting service for young adultsJun 30, 2026

Vice Chairman Kwon Dae-young of the Financial Services Commission presided over the third taskforce meeting on the provision of individually tailored financial consulting service for young adults on June 30. Within this year, officials plan to expand the number of financial consulting sites made available for young adults to at least 200 places from 21 sites currently. In particular, the availability of consulting sites in the regions outside the Seoul metropolitan area will be increased to about a 50 percent level from the current level of about 30 percent. At today's meeting, Vice Chairman Kwon spoke about the importance of expanding the availability of opportunities for young adults and what the government has been working on to achieve that goal. In this regard, Vice Chairman Kwon said that this program to expand the provision of one-on-one financial consulting service for young adults is a meaningful step toward that goal.
FSC Chairman presides over kickoff meeting of policy review committee on financial consumer protectionJun 29, 2026

Chairman Lee Eog-weon of the Financial Services Commission presided over the kickoff meeting of the newly launched policy review committee on financial consumer protection held on June 29. The private-public joint consultative body is made up of officials from related government ministries and public organizations and private sector experts for the designing, reviewing, and upgrading of policies on financial consumer protection. In his opening remarks, FSC Chairman Lee spoke about the importance of ensuring consumer trust first and foremost to be able to seek productive and inclusive finance measures and to continue to push for innovation in the capital market. Amid a rapidly changing digital environment in the financial sector, Chairman Lee said that the committee should work to design a new paradigm on financial consumer protection upon which more tailored support and protection measures should be made available for different consumer groups and individuals with different needs.
FSC Chairman attends award ceremony for startup-finance collaborationJun 24, 2026

Chairman Lee Eog-weon of the Financial Services Commission attended the startup-finance collaboration award ceremony held on June 24 and presented awards to the startup businesses that have shown outstanding collaboration cases. The startup-finance collaboration event attracted 44 applications this year, and five outstanding collaboration cases have been chosen among them. The FSC will continue to promote collaboration betweenstartups and financial companies and strive to create a more productive financial ecosystem.
FSC Chairman attends joint IR event to strengthen provision of venture investmentJun 23, 2026

Chairman Lee Eog-weon of the Financial Services Commission attended a joint IR event for promoting venture investment and cultivating innovative businesses held together with the Ministry of SMEs and Startups and, related industry organizations, and startup businesses on June 23. At today's event, selective businesses that are highly promising and considered necessary for continuous investment support were made eligible for investment support from the National Growth Fund. Speaking about the significance of building a strong growth ladder for the future of Korea's economy, FSC Chairman Lee said that it is important to have the industry, the financial sector, individual companies, and investors working in tandem in an ecosystem to be able to produce tangible growth. In this regard, Chairman Lee said that today's event is meaningful in ensuring a continuous supply of venture capital to innovative businesses.
Vice Chairman presides over taskforce meeting on capital market infrastructure innovationJun 23, 2026

Vice Chairman Kwon Dae-young of the Financial Services Commission presided over the taskforce meeting on capital market infrastructure innovation on June 23. At today's kickoff meeting, Vice Chairman Kwon delivered opening remarks underscoring the need to upgrade the capital market infrastructure and outlining key measures to achieve that goal. In this regard, Vice Chairman Kwon said that authorities will seek to design a globally leading capital market infrastructure and investment environment, push for an AI and digital transformation in the capital markets, and work to ensure system stability and investor protection.
FSC Chairman meets young adults on streets to personally promote subscription to youth future savings programJun 22, 2026

Chairman Lee Eog-weon of the Financial Services Commission took time to meet with young adults on the streets on June 22 to personally encourage and promote subscription to the youth future savings program made available from today. On their way to work in the morning hours, young adults on the streets had chances to learn about the benefits and convenience of signing up for the youth future savings program directly from FSC Chairman Lee. The FSC and the Korea Inclusive Finance Agency will continue to work to boost advertisement and public relations efforts to make sure that every eligible person who wishes to sing up for the youth future savings program can subscribe on time (from June 22 until July 3).
FSC Chairman holds meeting to seek ways to upgrade financial regulatory sandbox programJun 22, 2026

Chairman Lee Eog-weon of the Financial Services Commission held a meeting on seeking improvements to the financial regulatory sandbox program on June 19. Over the years, FSC Chairman Lee said that the financial regulatory sandbox program has helped to broaden the horizon of the financial industry, facilitate the launch of more consumer-oriented financial services, and make a digital transformation possible in the financial sector. In this regard, to continue to promote fintech startups and innovative businesses, FSC Chairman Lee said that authorities will provide expanded opportunities to apply for the sandbox program and enhanced assistance in the stage of post-sandbox service operation.
Vice Chairman presides over meeting on AI transformationJun 18, 2026

Vice Chairman Kwon Dae-young of the Financial Services Commission presided over a meeting on AI transformation with financial companies and related organizations and introduced an updated version of the AI guidelines in the financial sector on June 18. In his opening remarks, Vice Chairman Kwon spoke about the potential of embracing AI agentic services in making financial services more productive, more inclusive, and more trustworthy, and made suggestions in ways to design a new regulatory framework for an era of AI transformation. In this regard, Vice Chairman Kwon said that there needs to be (a) a regulatory and supervisory framework that can ensure a level playing field with regard to the use of AI, (b) clear standards established to make sure that innovation is sought responsibly, and (c) mechanisms to preemptively manage risks to effectively cope with AI-related cyber risks. At today's meeting, the FSC also introduced an updated version of the AI guidelines in the financial sector detailing seven specific principles for the use of AI by financial companies.
NEAC and FSC hold meeting on financial policy agendasJun 18, 2026

The National Economic Advisory Council and the Financial Services Commission held a meeting on the government's capital market agendas and productive finance policies on June 18. As the NEAC serves as a presidential policy advisory body, the joint meeting was prepared today to foster greater cooperation on financial policy formulation between the two organizations. At the meeting, FSC Chairman Lee Eog-weon delivered opening remarks where he emphasized the need to consistently push for a sweeping overhaul in the financial system to make financial services more productive, more inclusive, and more trustworthy. Building upon the success of policy implementation achieved in the past year, Chairman Lee said that the FSC will continue to work to bring about improvements to make the financial industry function as a key bedrock for propelling economic growth in Korea.
FSC Chairman presides over townhall conference on inclusive financeJun 17, 2026

Chairman Lee Eog-weon of the Financial Services Commission presided over a townhall conference on inclusive finance on June 17. This townhall conference was organized to seek more lasting and structural shifts in the ways that the government and related organizations pursue inclusive finance policies. In this regard, Chairman Lee spoke about the significance of this townhall conference as the government seeks to overhaul the financial system to redesign and make financial services more inclusive for financially vulnerable and underserved groups. Through this effort, Chairman Lee said that there will be more accurate information and assessment about personal credit data, more prompt provision of debt workout services, and lower costs for financing made available for financially vulnerable groups, which will ultimately help to build a rigorous stepping stone from policy-based microfinance programs to mainstream finance.
Vice Chairman presides over consultative body meeting on financial educationJun 16, 2026

Vice Chairman Kwon Dae-young of the Financial Services Commission presided over this year's first consultative body meeting on financial education attended by officials from related government ministries and organizations on June 16. At today's meeting, officials discussed measures for strengthening financial education in the areas of capital market and financial investment with aims to boost public financial understanding and help investors make better investment decisions. In this regard, Vice Chairman Kwon spoke about the importance of providing financial education programs that can help investors learn about different levels and types of risks attached to different types of investment products as there are growing numbers of retail investors participating and making investments in the capital markets.
Vice Chairman holds meeting on seeking improvements to personal credit data consent systemJun 16, 2026

Vice Chairman Kwon Dae-young of the Financial Services Commission presided over the kickoff meeting of an advisory group for seeking improvements to the personal credit data consent system on June 16. At the meeting, Vice Chairman Kwon spoke about the need to upgrade the personal credit data consent system in Korea as it has remained largely unchanged since its adoption in 1995. In this regard, Vice Chairman Kwon said that in an era of AI transformation, the personal credit data consent rules have been put to use too strictly often at a detriment to the protection of financial consumers' data consent right in practice. Thus, Vice Chairman Kwon urged the members of the advisory group to seek practical solutions to make improvements in ways that can ensure the protection of consumer rights and the safety of data use, while also creating value in terms of inclusive and productive finance.