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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.

Financial Services Commission
금융위원회
Geumnyung Wiwonhoe
Emblem of the Financial Services Commission (English).svg
Agency overview
FormedMarch 3, 2008
(Financial Supervisory Commission in April 1998)
Preceding agency
  • Financial Supervisory Commission
JurisdictionSouth Korean government
HeadquartersSeoul, South Korea
Agency executives
  • Choi Jong-gu, Chairman of the Financial Services Commission
  • Kim Yong-beom, Vice Chairman
Parent agencyPrime Minister
Child agency
Websitefsc.go.kr/eng
Financial Services Commission
Hangul
금융위원회
Hanja
金融委員會
Revised RomanizationGeumnyung Wiwonhoe
McCune–ReischauerKŭmnyung Wiwŏnhoe

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 alsoEdit