Financial Services Commission Chairman Lee Eok-won announced plans to fully lift network separation requirements for financial institutions with sufficient AI and cybersecurity capabilities, citing th…
South Korea's National Growth Fund will scale up investment in the physical AI sector, with LS Cable & System Ltd. named as the first recipient, according to Financial Services Commission Chairman Lee…
South Korean insurers and the Financial Supervisory Service are facing increased complaint volumes and processing burdens due to generative AI tools being used to draft submissions. Complaints filed w…
The Financial Services Commission announced Thursday that it will strengthen interagency cooperation and upgrade fraud detection systems to combat new forms of online phishing, including romance scams…