South Korea’s parliamentary audit of the Financial Services Commission focused on a string of hacking incidents, single-stock leveraged ETFs and the effectiveness of property loan curbs. Lawmakers raised concerns over inconsistent inspection periods and limited log reviews, while calls grew to ease network separation rules to counter AI-driven threats. Regulators also discussed stablecoin legislation, cross-border tracking of digital asset transfers and preparations for tokenised securities rules, alongside broader fintech and banking industry developments.

Mirror Particle, an AI startup in San Francisco, is developing its own foundation model to analyze what consumers do and why, aiming to model changes in human behavior over time without relying on role-playing by large language models. The company combines client consumer data with current affairs, popular culture and social media, and emphasizes observed behavior over survey responses. It targets market research and brand and product strategy, and has completed angel funding.