Per Woofun AI, the South Korean Financial Services Commission will enforce revised guidelines governing artificial intelligence deployment within the financial sector, effective June 22. These regulations mandate adherence to seven core principles—encompassing governance, legality, credibility, and security—for all financial institutions and FinTech enterprises integrating AI technologies.

Concurrently, the South Korean government intends to streamline regulatory frameworks by relaxing network isolation requirements and refining personal credit information consent protocols. On the implementation date, the Financial Supervisory Service will unveil an AI risk management framework, while the Financial Security Agency will issue corresponding security guidelines to ensure systemic stability.