Introduction of Financial Education 'Content Certification System'... 'Content Mall' Also Launched

[Asia Economy Reporter Jo Gang-wook] A content certification system to support the development and utilization of high-quality financial education content will be introduced in the first half of this year. In the second half, an online content mall that integrates financial education programs and content will be launched.

The Financial Services Commission and the Financial Supervisory Service held a financial education working-level council meeting on the 7th and announced that they have specified the implementation schedule of the "Basic Directions for Financial Education Improvement" announced in May last year.

The financial authorities plan to finalize the implementation standards for the content certification system at the Financial Education Council to be held in April and complete certification of existing content within the first half of the year.

The "Financial Competency Map," which organizes attitudes, knowledge, and skills necessary for sound financial life according to life cycle and financial situations, and the "2021 Basic Directions for Content Development" will also be approved at the council in April.

Additionally, from the second half of this year, the "Online Content Mall" will be operated. Here, certified educational materials produced by financial education institutions such as the Financial Supervisory Service will be provided free of charge (with the consent of the producing institution).

Standards for certifying financial education instructors will be established, and from the second half of the year, certification will be granted to those who complete related training and pass evaluations.

For elderly financial consumers, a post-education management program will be operated using phone and SNS, and counseling on overall financial life will also be supported.

For youth, self-directed and experiential financial education will be expanded, and online financial diagnosis services will be provided to users of microfinance and others.

This is a measure in response to the Financial Consumer Protection Act, which takes effect on March 25, assigning various legal responsibilities to the Financial Services Commission, including support for financial education, program development, policy establishment and implementation, and financial competency surveys.

This content was produced with the assistance of AI translation services.