Financial Services Commission (South Korea)
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.
|Formed||March 3, 2008
(Financial Supervisory Commission in April 1998)
|Jurisdiction||South Korean government|
|Headquarters||Seoul, S. Korea|
|Parent agency||Prime Minister|
|Financial Services Commission|
|Revised Romanization||Geumnyung Wiwonhoe|
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.