FSC Chairman delivers congratulatory remarks at "New Leap Fund" launching eventOct 01, 2025

Chairman Lee Eog-weon of the Financial Services Commission attended the launching event for "New Leap Fund," a new long-term debt restructuring program for small merchants and vulnerable groups, and delivered congratulatory remarks on October 1. Speaking about the significance of "New Leap Fund" as more than just a debt workout program, Chairman Lee said that this program will provide a new foundation to leap forward for many of those who have not been able to engage in normal economic activities due to their delinquent debt status. To prevent moral hazard in the future, Chairman Lee said that authorities will make sure to carry out rigorous evaluations on debtors' repayment capabilities. Chairman Lee also said that authorities will work to expand support for those who have been diligently making debt payments but fall outside the qualification under this program.