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Vice Chairman presides over taskforce meeting on youth finance consulting servicesFeb 10, 2026

Vice Chairman Kwon Dae-young of the Financial Services Commission presided over the kickoff meeting of the taskforce on expanding the availability of youth finance consulting services with officials from related organizations and industry groups on February 10. At today's meeting, the taskforce discussed plans to expand the provision of finance consulting services tailored for the needs of young adults by increasing the number of bank branches offering such services to more than 200 within this year from the current level of 20 bank branches and to start making youth-oriented finance consulting and education programs available from the branches of securities firms and insurance companies. To assistyoung adultswithimprovingtheir financial literacy and accumulatingassets, Vice Chairman Kwon urged financial companies to provide and promote more youth-oriented financial support programs.
Financial development review committee holds meeting and discusses ways to promote productive financeFeb 09, 2026

Chairman Lee Eog-weon of the Financial Services Commission presided over the joint meeting of the financial development review committee, an advisory body to the FSC, and held a seminar on propelling a transition to make the financial industry more productive on February 9. In his opening remarks, Chairman Lee underscored the importance of pursuing a transition where the flow of finance needs to be directed toward high-tech industries and innovative venture businesses in order to help the Korean economy open the doors to a new chapter of growth. In this regard, Chairman Lee said that the role of finance is critical in shaping and making changes to the structure and development path of various industries. At today's seminar, major research organizations presented their insights and findings on the topic of productive finance, and the FSC plans to take various ideas from today's seminar into consideration when formulating policy measures on productive finance going forward.
FSC Chairman meets with financial consumers to seek practical solutions to consumer needs and challengesFeb 04, 2026

Chairman Lee Eog-weon of the Financial Services Commission held a meeting with a group of financial consumers and officials from related organizations on February 4 to seek practical solutions to the needs and challenges of financial consumers. At the meeting, Chairman Lee outlined some of the key consumer-oriented policy initiatives introduced by the government and pledged to continue to maintain close communication with consumers to help remove inconvenience and bring about practical solutions to their needs. At today's meeting, the issue of bank branch closures and the ensuing inconvenience for consumers were discussed. In this regard, authorities plan to prepare measures to resolve consumer inconvenience resulting from bank branch closures for implementation from March this year.
Vice Chairman presides over ESG finance taskforce meetingFeb 04, 2026

Vice Chairman Kwon Dae-young of the Financial Services Commission presided over the 6th taskforce meeting on ESG finance with officials from related government ministries, industry groups, and private sector experts on February 4. With the establishment of the 2035 nationally determined contribution (NDC) last November, Vice Chairman Kwon said that it is necessary to prepare a roadmap on ESG disclosures to help resolve uncertainties for businesses. However, considering the need to ensure a sufficient timeframe for preparation, Vice Chairman Kwon said that authorities will seek to ensure a balanced approach regarding the implementation period, etc. The FSC plans to have continuous discussions with related organizations prior to introducing a final version of sustainability disclosure standards at the end of this month.
FSC Chairman meets with young adults and discusses measures to strengthen youth finance programsJan 22, 2026

Chairman Lee Eog-weon of the Financial Services Commission held a meeting with a group of young adults and officials from related organizations to have discussions on ways to make financial services better serve the needs of young adults on January 22. At the meeting, Chairman Lee said that the government plans to launch "youth future savings program" in June this year to facilitate young adults to more effectively build up assets. In addition, Chairman Lee said that a new microloan program with low interest rates will be introduced to help young adults with the expenses associated with early career development. Starting from today, individually-tailored financial consulting service will also be made available for young adults to help them continue with the stable management and planning of personal finances.
Vice Chairman presides over consultative body meeting on promoting productive financeJan 21, 2026

Vice Chairman Kwon Dae-young of the Financial Services Commission presided over the first consultative body meeting on promoting productive finance joined byofficials from policy financial institutions and private financial companies on January 21. In his opening remarks, Vice Chairman Kwon stressed the importance of seeking a paradigm shift in the financial industry to propel a great takeoff and revitalization of the Korean economy. In this regard, Vice Chairman Kwon said that the financial sector should make transitions away from their traditional business models to supply more funds and investments to high-tech industries and innovative startups and venture businesses, capital markets, and regional economies. To make this happen, Vice Chairman Kwon underscored the importance of maintaining mutual understanding between the financial and non-financial enterprises, so that financial companies can make accurate assessments about the technological prowess and future value of enterprises as their investment targets. Meanwhile, Vice Chairman Kwon vowed to maintain close communication with the financial sector in every step of the way.
Vice Chairman presides over kickoff meeting of taskforce on credit rating systemJan 20, 2026

Vice Chairman Kwon Dae-young of the Financial Services Commission presided over the kickoff meeting of the taskforce on reforming the credit rating system on January 20. The taskforce on credit rating system will seek ways to bring about improvements to the credit assessment system for both individuals and small business owners and promote the use of alternative credit rating methods and artificial intelligence technology. Speaking about the importance of establishing a sound financial safety net intended to make the system more inclusive, Vice Chairman Kwon urged the taskforce to seek substantive reform measures to make the credit rating system a key infrastructure that can help to make the financial industry more productive, inclusive, and reliable.
Vice Chairman presides over kickoff meeting of taskforce on improving corporate governance practicesJan 16, 2026

Vice Chairman Kwon Dae-young of the Financial Services Commission presided over the kickoff meeting of the newly established taskforce on improving the corporate governance structure of financial companies on January 16. The taskforce on corporate governance structure was set up to enhance the fairness and transparency in financial companies' corporate governance practices. Through active participation from various experts, the taskforce will have discussions on ways to increase the autonomy of corporate boards, improve the fairness and transparency in the CEO selection and appointment process, making improvements to bonus payments, etc. Based on the outcome of taskforce meetings, the FSC plans to draw up a comprehensive plan to improve corporate governance practices of financial companies in the first quarter of this year.
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.