FSC awards 18 million won for suicide prevention, youth savings and network security

  • FSC awarded three employees bonuses for policies addressing financial distress, youth savings and financial-sector security.
  • 18 million won was distributed, including 10 million won for suicide-prevention measures.
  • FSC received model-agency recognition for operating the special performance bonus program.

South Korea’s Financial Services Commission awarded a combined 18 million won to three employees at its third FSC Awards ceremony on the 2nd. The special performance bonuses recognize work producing tangible public benefits, and the Ministry of the Interior and Safety selected the FSC as a model agency for operating the program. Jung Jae-yoon received 10 million won for measures addressing suicide risks among people in financial distress, including a government-wide and public-private effort to establish the 1375 debt-counseling hotline, tailored financial products for low- and middle-income and vulnerable groups, and a platform highlighting financial firms’ community investment. Kim Hee-jin received 5 million won for designing the Youth Future Savings Account and resolving enrollment barriers for soldiers, helping enrollment reach 1.385 million people. Kim Young-joon received 3 million won for easing network separation rules, promoting an AI-versus-AI security strategy, limited immunity for staff involved in minor IT disruptions, and a financial AI security research institute and support center. FSC Chairman Lee Eok-won said the commission would continue turning public needs into policy and rewarding employees who respond to field concerns.

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