Seoul Moves to Strengthen Consumer Safeguards Across Financial Products

SEOUL, Dec. 23 (Korea Bizwire) — South Korea’s financial watchdog on Monday unveiled an ambitious roadmap to overhaul consumer protection, signaling a shift away from after-the-fact remedies toward preemptive intervention across the life cycle of financial products. The Financial Supervisory Service said it aims to make 2025 a “foundational year” for substantive consumer protection by embedding [...]