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fsc

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An image depicting voice phishing [JOONGANG ILBO]

FSC ramps up efforts to combat online phishing through improved coordination, new AI platform

The country's financial regulator said Thursday that regular, systematic cooperation among related government agencies will take place to better detect and crack down on new types of online phishing crimes.

2026.5.28

Lee Eog-weon chairman of the Financial Services Commission speaks during a maritime-related financial seminar held in central Seoul on May 21. [NEWS1]

Offshore retail investors to be allowed ETF trading via omnibus accounts: Chief regulator

The chief of the country's financial regulator said Thursday his agency will soon revise regulations for offshore retail investors so they can buy and sell exchange-traded funds (ETFs) via so-called omnibus accounts.

2026.5.21

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Kwon Dae-young, vice chairman of the Financial Services Commission, speaks during a briefing at the central government complex in central Seoul in February. [NEWS1]

FSC approves 560 billion won investment in homegrown AI unicorn Upstage

Financial authorities said Sunday they approved a 560 billion won ($381 million) investment in Upstage, a homegrown AI startup, marking the second direct investment by the Korea National Growth Fund.

2026.5.3

Financial Services Commission Chairman Lee Eog-weon speaks during a meeting on support measures for the Middle East crisis-hit sectors in Seoul on April 17. [YONHAP]

FSC chief vows financial support packages for firms affected by Middle East crisis

The chief of the country's financial regulator said on Friday that banks and state-run lenders will provide a set of financial support packages to companies affected by the Middle East crisis to ease their financial burdens.

2026.4.19

Financial Services Commission Chairman Lee Eog-weon speaks during a Cabinet meeting at the then-presidential office in Yongsan District, central Seoul, in September 2025. [JOINT PRESS CORPS]

Bio, display, mobility picked as next focus of public growth fund

The second round of investment by the megasized public growth fund will be mainly focused on the bio, display and mobility sectors, the financial regulator said on Tuesday.

2026.4.14

Kwon Dae-young, vice chairman of the Financial Services Commission, seventh from left, front row; Park Chang-hee, CEO of the JoongAng Ilbo and publisher of the Korea JoongAng Daily, sixth from left; Lee Ho-sung, president and CEO of Hana Bank, seventh from left, second row; Jung Jin-wan, president and CEO of Woori Bank, eighth from right, second row; at the 2026 Korea Economic Forum, organized and hosted by the Korea JoongAng Daily, at the Westin Josun Seoul in central Seoul, on March 25. [PARK SANG-MOON]

FSC vice chair sees energy supply volatility as opportunity to diversify sources

At the Korea Economic Forum in central Seoul on Wednesday, Financial Services Commission Vice Chairman Kwon Dae-young highlighted Korea's resilience in the face of global volatility and the government's plan to bolster the local stock market.

2026.3.25

Financial Services Commission Vice Chairman Kwon Dae-young delivers a keynote speech at the 2026 Korea Economic Forum on March 25, outlining the government’s key financial policy agenda for this year. The event took place at the Westin Josun Hotel in Jung District, central Seoul. [PARK SANG-MOON]

FSC vice chair outlines gov't plan to shift to equity investment, spur regional growth

Korea aims to shift its economic model away from real estate-driven growth toward one centered on equity investment under a more trusted capital market environment, Financial Services Commission Vice Chairman Kwon Dae-young said Wednesday.

2026.3.25

The Financial Services Commission plaque is seen at the government complex in Jongno District, central Seoul, on Sept. 7, 2025. [YONHAP]

Financial regulators crack down on 'finfluencers' for alleged front-running schemes

Financial authorities have referred several “finfluencers” to prosecutors for alleged front-running schemes, warning investors against blindly following stock tips on social media.

2026.3.23

The headquarters of the Financial Services Commission inside the government complex in Jongno District, central Seoul is seen in this file photo [NEWS1]

Korea recovers over 72 percent of Asian financial crisis bailout funds

The government has retrieved over 72 percent of the public funds used to bail out troubled financial firms since the 1997-1998 Asian financial crisis, the financial regulator said Tuesday.

2026.2.24

A finance meeting is held at the Seoul Government Complex in Jongno District, central Seoul, on Jan. 21. [FINANCIAL SERVICES COMMISSION]

Financial regulator to keep tighter household loan rules in place in bid to rein in debt

The country's financial regulator said Thursday that it will continue its efforts to rein in household debt this year and help stabilize financial markets, adding it will continue to keep in place tightened rules on household loans.

2026.2.5