Financial Services Commission (South Korea)

Financial Services Commission

금융위원회 Geumnyung Wiwonhoe
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	Yim Jong-Yong, Chairman Jeong Chan-woo, 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.

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