Financial Security Institute: "Manage Complex Financial Regulations Easily via Mobile"

[Asia Economy Reporter Song Seung-seop] The Financial Security Institute's RegTech-related services became available on mobile devices starting the 15th.

RegTech is a compound word of Regulation and Technology, referring to services or technologies that manage and comply with financial regulations using various technologies. Since 2019, the Financial Security Institute has been providing financial security RegTech services to member institutions.

The Financial Security Institute explained that RegTech services can now be easily accessed on smartphones and tablets. Users can conveniently check desired information through the 'Frequently Used Menu.' Additionally, the Institute provides a RegTech portal that offers research and analysis of financial security regulations from major countries for financial companies expanding overseas. Starting December, the provision of cyber threat information will also be expanded.

Kim Young-gi, President of the Financial Security Institute, emphasized, “We will continuously improve RegTech services so that financial companies can utilize high-quality information to comply with financial security regulations and enhance information protection levels.”

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