Financial Services Commission (South Korea)

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Financial Services Commission,
Republic of Korea

금융위원회
Geumnyung Wiwonhoe
Financial Services Commission of the Republic of Korea Logo.gif
Agency overview
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
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[edit]