The Financial Supervisory Service (FSS) plans to strengthen oversight of financial firms, with a focus on risk and internal controls.
South Korea’s financial supervisory institution, the Financial Supervisory Service (FSS), has outlined its inspection plan for 2026, with a focus on financial consumer protection and risk management. The regulator will prioritise inspections that cover the full lifecycle of financial products According to the plan, the regulator will prioritise inspections that cover the full lifecycle of financial products, including design, sales and post-sales processes. The FSS said it will also i