Vice Chairman Kim Soyoung of the Financial Services Commission presided over the artificial intelligence (AI) council meeting in the financial sector on December 12 with officials from related authorities, research institutions, and financial companies. At the meeting, authorities introduced a set of measures aimed at promoting the use of generative AI in the financial sector. In his opening remarks, Vice Chairman Kim said that these measures will provide practical assistance to financial companies through the establishment of the infrastructure needed for the use of AI, ensuring the supply of financial big data needed for embracing AI technology, and making necessary changes in the financial sector's AI guidelines.