South Korea's Financial Supervisory Service (FSS) published its supervisory priorities for 2026, setting out five strategic themes and related tasks spanning internal supervisory reform, a consumer-first approach, financial system stability, shared growth, and future-oriented innovation. The programme includes plans to improve the transparency and fairness of supervision and sanctions review processes, accelerate digitalisation of supervisory work using artificial intelligence, and deliver more consumer-centric services. Consumer protection priorities include shifting toward preventive protection, overhauling complaint handling and dispute resolution for remedial outcomes, and taking stern measures against unfair and unsound practices while encouraging responsible conduct by financial firms. On stability, monitoring is set to intensify in response to changing market conditions and potential default risks, alongside proactive management of household and corporate debt levels and adjustments to the supervisory framework to balance productive finance with risk management. Additional priorities include facilitating financing while strengthening investor protection, providing support measures for the general public and vulnerable groups, stepping up action against financial crimes, proactively supervising information technology risks, supporting AI-powered innovation, and building foundations for trustworthy virtual asset markets.
South Korea Financial Supervisory Service 2026-02-09
South Korea Financial Supervisory Service sets 2026 supervisory priorities to tighten consumer protection, strengthen debt and default-risk monitoring and expand digital and virtual asset oversight
South Korea's Financial Supervisory Service outlined its 2026 priorities, focusing on internal reform, consumer-first approaches, financial stability, shared growth, and innovation. Key initiatives include enhancing supervision transparency, accelerating digitalisation, intensifying market condition monitoring, and strengthening consumer protection and investor safeguards.