Financial authorities come up with a plan to support overseas expansion in the first half of the year

This article is translated by AI company Flitto and Alhpa Biz neural machine translation technology

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stockmk2020@alphabiz.co.kr | 2023-04-24 19:31:04

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[Alpha Biz=(Chicago) Reporter Kim Jisun] The financial authorities will establish a separate organization related to global support for the first time with the aim of globalizing the financial industry and announce plans to support the financial sector's overseas expansion as early as the first half of this year.

According to the financial sector on the 24th, the Financial Services Commission recently established a 'Financial Internationalization Response Group' under Vice Chairman Kim So-young, and is preparing to support financial companies' overseas expansion and overseas investment expansion. To that end, the company is holding relay seminars by industry, while holding a separate working-level meeting with officials from each industry association as a response group to listen to difficulties.

On this day, Vice Chairman Kim met with fintech companies and said, "We will upgrade our support system to provide one-stop support for the start-up and growth of fintech startups and overseas expansion." The Financial Services Commission will meet with the Korea Federation of Banks and the Credit Finance Association on the 26th and 27th to collect suggestions on overseas expansion.

"After reviewing suggestions or requirements collected by each industry, we will first push for contents that can be improved in the short term to support financial companies' overseas expansion," a Financial Services Commission official said.

 


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