Financial Services Commission (South Korea)
금융위원회 Geumnyung Wiwonhoe | |
Agency overview | |
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Formed |
March 3, 2008 (Financial Supervisory Commission in April 1998) |
Preceding Agency | Financial Supervisory Commission |
Jurisdiction | South Korean government |
Headquarters | Seoul, S. Korea |
Agency executives |
Dong-Soo Chin, Chairman Chang-Yong Rhee, Vice Chairman |
Parent agency | Prime Minister |
Child agency | Financial Supervisory Service |
Website | fsc.go.kr/eng |
Financial Services Commission | |
Hangul | 금융위원회 |
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Hanja | 金融委員會 |
Revised Romanization | Geumnyung Wiwonhoe |
McCune–Reischauer | Kŭmnyung Wiwŏnhoe |
The Financial Services Commission (FSC), formerly Financial Supervisory Commission, is South Korean government's top financial regulator. It makes financial policies, and directs the Financial Supervisory Service.
The Financial Supervisory Commission was established in 1998. With the start of Lee Myung-bak administration, the Commission was rearranged into the Financial Services Commission; the new one took over the policy-making authority from the Finance Ministry.
See also
- Korea Financial Investment Association
- Financial Supervisory Service
- Bank of Korea