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South Korea’s FSS chief visits SE Asia to promote financial industry


The chief of South Korea’s Financial Supervisory Service (FSS), Lee Bok-hyun, is leading a delegation to Southeast Asia to promote the globalisation of the country’s financial markets and attract global investors. The FSS chief and representatives from Korean financial companies are visiting Thailand, Singapore, and Indonesia to hold investor relations events. Lee met with Sethaput Suthiwartnarueput, governor of the Bank of Thailand, to discuss bilateral relations, and urged him to pay attention to Korea’s fintech firms as they seek overseas expansion. In Singapore, Lee highlighted opportunities for mutual development between Asian countries, citing stability, growth potential, and reform efforts as key factors that make Korea an attractive investment destination. The FSS will also work with the Monetary Authority of Singapore to address issues around fintech firms and environmental, social, and governance efforts.

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