What is the Financial Supervisory Service (FSS) of Korea? Financial Supervisory Service (FSS) of Korea Review, Features

The Financial Supervisory Service (FSS) of Korea is the comprehensive regulatory agency of South Korea. The FSS exercises prudential supervision over banks, non-bank financial companies, financial investment service providers and insurance companies to ensure that they comply with certain safety and soundness guidelines, standards, requirements and safeguards.

About the Financial Supervisory Service (FSS) of Korea

The Financial Supervisory Service (FSS) of Korea was established on January 2, 1999 as a comprehensive regulatory agency in Korea and exercises its regulatory functions.

Functions of the Financial Supervisory Service (FSS) of Korea

Prudential supervision, capital market supervision (corporate information disclosure, securities market, securities violation investigation, audit), consumer protection.

Scope of the Financial Supervisory Service (FSS) of Korea

As Korea's integrated regulator, the FSS exercises prudential supervision over banks, non-bank financial companies, financial investment service providers, and insurance companies to ensure that they comply with certain safety and soundness guidelines, standards, requirements, and safeguards. In addition, the FSS performs capital market regulation, consumer protection, and other supervisory and enforcement activities authorized by the FSC.