South Korea’s Financial Supervisory Service (FSS) plans to disclose interim inspection results only in exceptional cases involving potential consumer harm or risks of a major financial incident. The Financial Services Commission (FSC), South Korea’s financial policy regulator, and the FSS are reviewing a reform plan that would also let financial firms withhold employees’ private email and messenger content unrelated to inspections. The changes follow controversy over an interim disclosure before the April 2024 general election involving Democratic Party candidate Yang Moon-seok and an alleged improper loan. The plan also calls for clearer advance notices of sanctions and follows the Public Institution Management Committee’s January decision to defer designating the FSS as a public institution.