Financial Authorities Distribute 'First Response to Major Inquiries on the Financial Consumer Protection Act'
[Asia Economy Reporter Kwangho Lee] The Financial Services Commission and the Financial Supervisory Service announced on the 18th that they have distributed the 'First Response to Major Inquiries on the Financial Consumer Protection Act' to minimize confusion in the field ahead of the Act's enforcement on March 25.
The financial authorities plan to post the first responses to major inquiries received through sectoral associations on the FSC and FSS websites.
An official from the financial authorities stated, "We will continue to receive inquiries from the field through sectoral associations and regularly post compiled responses to major inquiries as we have done this time."
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They added, "We will also hold briefings for the financial sector and promote awareness among financial consumers."
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