Search results for Financial Supervisory Service
Finance
FSC launches private advisory panel to counter AI security threats, to review network segmentation
South Korea\'s Financial Services Commission on Sunday launched a private-sector technical advisory panel to respond to security threats linked to high-performance artificial intelligence. The panel held its first meeting with officials from the Financial Supervisory Service and the Financial Security Institute. It will review expected risks, policy and institutional measures, and steps to strengthen security frameworks, including detailed reviews of easing network segmentation rules. It will also assess financial firms\' readiness for AI security testing.
People & Company News
iM Financial marks 15th anniversary with expanded inclusive finance, May coexistence campaign
iM Financial Group is running May as a \"Social Contribution Day\" month to expand community coexistence activities, it said on Thursday. The group said all employees took part in social contribution programmes tied to Family Month and its 15th anniversary. It funded support for vulnerable groups and carried out volunteer work at a child-care facility. It also provided financial education, supported youth transport costs, and backed senior welfare and housing energy-efficiency initiatives.
Finance
Kiwoom Securities\' brokerage lead shakes; can its retirement pension gambit work?
Kiwoom Securities will start a retirement pension business from June, seeking to diversify earnings and expand its retail client base. The move comes as it posted record first-quarter profit while its core brokerage retail market share fell. It will offer IRP, DC and DB plans via its mobile trading system and operate the business mainly online. The firm will waive key fees for 1 year and aims for 10 percent securities-sector pension market share and a top-5 ranking by 2035.
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Finance
Debt collection market overhaul aims to curb \'primitive predatory finance\'
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Telecommunications & Media
Whole-of-government voice phishing response cuts cases, losses for seven straight months
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Finance
Regulators warn of risks ahead of leveraged Samsung Electronics, SK Hynix products listing
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Finance
FSS, KOFIA hold workshop for asset managers\' compliance officers, discuss AI and ETF controls
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Finance
Korea regulators tighten monitoring on margin, leverage as KOSPI swings wildly
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Finance
Korea to scrap cap on rewards for reporting stock manipulation and accounting fraud
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Finance
Securities regulator files complaint against former NH Investment & Securities executive over insider information
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Finance
Basel 3 dilemma raises fears of productive finance squeeze amid stronger soundness rules
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Finance
South Korean banks\' Q1 net profit falls 3.9 percent on securities losses
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Finance
South Korea retirement pension assets top 500 trillion won, guidebook due in second half
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Finance
PG industry polarisation deepens as revenue grows and profitability stagnates
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Finance
Woori Financial steps up support for youth, middle-to-low credit borrowers with inclusive finance platform launch
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Finance
Shinhan Investment publishes responsibilities map guideline to strengthen internal controls
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Fintech
E-money business revenue tops 12 trillion won for first time, prepaid sector stands out
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Crypto
Dunamu Q1 operating profit 88 billion won, down 78 percent year on year