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.

NH NongHyup Financial Group is pushing to establish a provisional “Southwestern NH Finance Hub” in the fourth quarter to support strategic industries in the Jeonnam-Gwangju Integrated Special City. The group plans to expand comprehensive financial support for key regional sectors such as AI, semiconductors and renewable energy. It selected the southwestern region as a third support base under the government’s balanced growth policy, and will use its local offices and staff to provide tailored services.