FSC Chairman Meets AMCHAM Korea Chairman to Discuss Financial Hub Competitiveness

Press Releases

FSC Chairman Meets with Chairman of AMCHAM Korea and Discusses Ways to Strengthen Financial Competitiveness Apr 10, 2026
-
-
Chairman Lee Eog-weon of the Financial Service Commission met with Chairman and CEO of the American Chamber of Commerce in Korea (AMCHAM Korea) James Kim at his office in Seoul Government Complex on April 10.

At the meeting, FSC Chairman Lee and AMCHAM Korea Chairman Kim discussed ways to attract more investments in Korea from global financial institutions and strengthen Korea’s financial regulatory competitiveness. On March 25 this year, AMCHAM Korea published a special report titled “Korea’s Financial Hub Agenda” as part of its efforts to promote Korea as a leading financial hub in the Asia-Pacific region. In this regard, AMCHAM Korea Chairman Kim expressed significant potential for Korea to be able to host growing numbers of Asia-Pacific regional headquarters of multinational corporations in the future.

In this regard, FSC Chairman Lee expressed appreciations for AMCHAM Korea’s interest and support for Korea’s financial sector development and shared how Korea’s financial sector innovation has been perceived by the international society and what the government plans to do next. According to the 39 th edition of the Global Financial Centres Index (GFCI 39), which was unveiled on March 26, 2026, Seoul and Busan ranked in the 8 th and 23 rd places, respectively, which demonstrates Korea’s elevated financial hub status globally. In order to continue to boost Korea’s financial sector competitiveness and facilitate an inflow of foreign investments, the FSC plans to work on a seamless implementation of the follow-up measures—on omnibus account, English disclosure, dividend payout, etc.—in accordance with the government’s earlier announced roadmap (January 2026) for the inclusion in the MSCI developed markets index.

In closing the meeting, FSC Chairman Lee and AMCHAM Korea Chairman Kim shared the same view on the need to maintain close cooperation and constructive dialogue between the two organizations in order to further help to strengthen Korea’s financial hub status.

• Please refer to the attached PDF for details.

PREV An AI-based Credit Rating Framework Focused on the Needs of Small Businesses to be Introduced NEXT No results found. List Related Materials Mar 13, 2026 FSC Chairman Holds Meeting with SC Group CEO