Photo News - Financial Services Commission

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FSC Chairman presides over meeting to review financial market risksMar 11, 2026

Chairman Lee Eog-weon of the Financial Services Commission presided over a meeting with officials from the Financial Supervisory Service, research institutions and market experts on March 11 to go over potential risk factors amid growing volatility seen in the domestic financial markets. At the meeting, Chairman Lee instructed officials to conduct stress tests on various scenarios concerning situations in the Middle East to more thoroughly examine the impact and risk on financial markets, financial businesses, and various industries. While speaking about the importance of being rigorously prepared with contingency plans, Chairman Lee also urged officials to ensure investor protections. The FSC will continue to work closely with policy financial institutions to ensure a seamless operation of the KRW100 trillion-plus market stabilization programs and seek to expand the program if deemed necessary.
Vice Chairman presides over consultative body meeting on productive financeMar 10, 2026

Vice Chairman Kwon Dae-young of the Financial Services Commission presided over the third consultative body meeting on productive finance on March 9 with officials from financial holding groups, insurance businesses, securities companies, and policy financial institutions participating. At the meeting, financial companies outlined their own plans and presented certain progress in making a transition to productive finance and strengthening regional finance efforts to promote more balanced growth across different regions. In this regard, Vice Chairman Kwon spoke about the importance of financial companies making genuine efforts to internalize the rules and systems designed for productive finance to be able to produce tangible outcomes in a nationwide move to push forproductive finance.
FSC Chairman holds meeting on the availability of one-stop assistance for victims of illegal private lendingMar 09, 2026

Chairman Lee Eog-weon of the Financial Services Commission presided over a meeting with officials from related organizations to commemorate the official launch of the one-stop assistance program made available for the victims of illegal private lending on March 9. With the availability of this support, debtors falling victims to illegal predatory lending will be able to receive a wide-ranging assistance from related authorities, including suspension of illegal debt collection activities, free legal representation, police investigation, and damage recovery. Each individual calling for assistance will be assigned a case officer from the inclusive finance support center to ensure the provision of available support measures throughout the entire process.
FSC Chairman presides over kick-off meeting of joint consultative body on security tokenMar 04, 2026

Chairman Lee Eog-weon of the Financial Services Commission presided over the kick-off meeting of the newly launched private-public joint consultative body on security token on March 4. At the meeting, Chairman Lee outlined three key policy directions on security token(a) establishing an innovative digital finance ecosystem equipped with both diversity and scalability, (b) ensuring an investor protection framework tailored to the specific characteristics of security token (blockchain technology), and (c) preparing for future securities payments system, such as on-chain payments. The joint consultative body on security token will be operated on an ongoing basis with four subdivisions(a) technology and infrastructure, (b) issuance, (c) circulation, and (d) payment and settlement. To facilitate the gathering of more wide-ranging opinions, an open pool of private sector experts and advisors will also be operated.
FSC Chairman holds market monitoring meeting over Middle East situationMar 03, 2026

Chairman Lee Eog-weon of the Financial Services Commission presided over a meeting with officials from related authorities and organizations on March 3 to review financial market situations amid growing geopolitical uncertainty in the Middle East. At the meeting, Chairman Lee said that the Korean economy and financial markets are equipped with stong fundamentals and that the government has an adequate capacity to deal withcurrent marketsituations. While closely monitoring marketconditions, Chairman Lee emphasized that the government will be ready to employ contingencymarket stabilization measures if it becomes necessary. Additionally, to assist Korean SMEs and MMEs doing business in the affected region, Chairman Lee said that policy financial institutions should promptly make available financial support programs (total KRW13.3 trillion) in the form of loans and interest rate reductions. The FSC and related organizations will operate a market monitoring system around the clock for real-time sharing of information until the situation becomes stabilized.
Vice Chairman visits Ulsan and South Gyeongsang Province and meets with local high-tech enterprisesFeb 27, 2026

Vice Chairman Kwon Dae-young of the Financial Services Commission traveled to Ulsan and South Gyeongsang Province to meet with local high-tech enterprises and venture businesses on February 27. In his meeting with local business leaders and government officials, Vice Chairman Kwon discussed the government's plans to make the financial industry more productive and offer more incentives to propel more supply of finance to regional economies. In this regard, Vice Chairman Kwon said that the planned investment by National Growth Fund in the secondary battery industry will help to reinforce its domestic supply chains and propel investments in the regional economy.
Vice Chairman visits Daegu and North Gyeongsang Province and meets with local high-tech enterprisesFeb 26, 2026

Vice Chairman Kwon Dae-young of the Financial Services Commission traveled to Daegu and North Gyeongsang Province to meet with local high-tech enterprises on February 26. In his meeting with local business leaders and government officials, Vice Chairman Kwon explained the key aims of National Growth Fund as facilitating a revitalization of the Korean economy through investment support for future-oriented and high-tech industries. In particular, Vice Chairman Kwon said that more than KRW60 trillion in investments from National Growth Fund will be directed toward regional economies over the next five years and that more than KRW106 trillion in the supply of policy finance support is planned for regional economies.
FSC Chairman presides over 2nd meeting to propel transition to inclusive financeFeb 26, 2026

Chairman Lee Eog-weon of the Financial Services Commission presided over the second meeting on propelling a transition to inclusive finance with officials from related government ministries and industry groups on February 26. At the meeting, officials discussed measures to protect delinquent debtors and provide assistance to facilitate a quick recovery. In his opening remarks, Chairman Lee spoke about the need to more proactively make available assistance for vulnerable borrowers before the debt becomes delinquent and the borrower faces the need to undergo adebt workout process. In this regard, the FSC put forward plans to encourage private financial companies to offer debt workout programs of their own, strengthen the responsibility of initial lenders for consumer protection, and make improvement to the customary practice of renewing the statute of limitations.
FSC Chairman presides over 4th meeting on propelling transition to productive financeFeb 25, 2026

Chairman Lee Eog-weon of the Financial Services Commission presided over the fourth meeting on propelling a transition to productive finance with officials from related ministries, industries, and organizations on February 25. At today's meeting, officials discussed ways to facilitate a green transformation (K-GX) for businesses and the economy. With the establishment of the 2035 NDC (nationally determined contribution) target last year, FSC Chairman Lee said that the government has been pursuing various measures to propel a green transformation in the Korean economy and society. In this regard, Chairman Lee put forward a roadmap for ESG disclosures and measures to expand the supply of climate finance and establish related information infrastructures to better track carbon reduction and help to facilitate a green transformation of businesses and industries.
FSC Chairman meets with CEOs of savings banksFeb 23, 2026

Chairman Lee Eog-weon of the Financial Services Commission held a meeting with the CEOs of twelve mutual savings banks and related organizations and discussed ways to promote sound development of mutual savings banks on February 23. In his opening remarks, Chairman Lee discussed the need to undertake a structural transformation in the industry for the survival and growth of savings banks amid an enduring risk of default originating from real estate market volatility, digital transition in the financial industry, and a polarization in the savings banks sector. In this regard, the FSC put forward a set of measures intended to facilitate their transition away from the short-term profit driven and community-centered operational model toward a more real economy-oriented and nationwide operational approach. With the newly announced measures in place, FSC Chairman Lee said that savings banks are encouraged to step up efforts to boost accountability, have more flexibility in their supply of finance, strengthen consumer confidence, and increase the supply of community finance and microfinance opportunities.
FSC Chairman visits local traditional market ahead of Lunar New Year's holidayFeb 13, 2026

Chairman Lee Eog-weon of the Financial Services Commission visited a local traditional market to meet with small merchants and have pep talks ahead of the Lunar New Year's holiday on February 13. During his visit, Chairman Lee took time to closely listen to the needs and challenges of small business owners and spoke about the availability of various financial support programs and the supply of small business lending programs made available from local banks and policy financial institutions.
FSC Chairman meets with credit recovery support recipients and holds talks on importance of inclusive financeFeb 13, 2026

Chairman Lee Eog-weon of the Financial Services Commission met with three individuals who benefited from the credit recovery support program to get back on track in their financial activities and held talks on the importance of inclusive finance on February 13. At the meeting, Chairman Lee said that the credit recovery support made available in the form of expungement of overdue debt history offered new opportunities to those who made diligent efforts to pay off delinquent debts. In this regard, Chairman Lee said that the FSC is pursuing various programs and policies intended to boost financial inclusion in the society to make sure that access to finance is made easier and cost for financing lowered especially for vulnerable groups.