FSS Chief Lee Chanjin Urges Foreign Financial Firms to "Join Efforts to Advance the Capital Market"

Roundtable with CEOs of Foreign Financial Companies on the 25th
"KOSPI 6,000 Reflects Trust in the Korean Market"

On the 25th, Lee Chanjin, Governor of the Financial Supervisory Service, asked chief executive officers (CEOs) of foreign financial companies to "actively present your views on what needs to be improved in the Korean financial market and proactively participate in efforts to advance the capital market." Regarding the recent boom in the domestic stock market, he assessed it as "the result of the market's validation of and trust in the potential of Korea's capital market and the financial authorities' efforts to invigorate the capital market."

Lee Chanjin, Governor of the Financial Supervisory Service, is attending a meeting with bank presidents at Bankers' Hall in Jung-gu, Seoul, and delivering opening remarks. 2026.02.12 Photo by Yoon Dongju

According to the Financial Supervisory Service, Governor Lee made these remarks at a roundtable with CEOs of foreign financial companies held at the Conrad Hotel in Yeouido, Seoul, on this day. The meeting was organized to listen to policy proposals, recommendations, and difficulties regarding key financial issues facing foreign financial companies. CEOs from 10 foreign financial companies in banking, insurance, securities, and asset management attended.

Governor Lee said, "Recently, the KOSPI has surpassed 6,000, and the domestic stock market is experiencing a historic boom," explaining that, through communication with foreign financial companies, the authorities have achieved institutional improvements that enhance market accessibility, such as abolishing the foreign investor registration system and expanding English-language disclosures. He added, "We are also continuously and carefully examining issues such as network separation regulations and corporate governance."

Governor Lee also urged foreign financial institutions to cooperate with the financial authorities' efforts to revitalize the capital market. He said, "The authorities view the capital market as a core platform for economic growth and are pursuing capital market innovation policies," and added, "Based on your experience in global financial markets and your understanding of regulatory environments, please actively present your views on what needs to be improved in the Korean financial market." His remarks were intended to ask them to play a role in the policy process aimed at strengthening the foundation for productive finance and securing inclusion in the MSCI Developed Markets Index.

He also called for participation in strengthening the consumer protection framework. Governor Lee said, "In the case of foreign financial companies, there may be relatively few direct points of contact with domestic consumers in the course of business," but added, "As members of the Korean financial community, I hope you will join in establishing a preemptive consumer protection framework." In addition, Governor Lee asked them to actively promote the growth potential and attractiveness of the Korean financial market abroad. He said, "Foreign financial companies are the entities that first experience and then spread the changes and innovations in the Korean financial market to the world," and added, "Please actively promote the Korean financial market through your global networks."