The Financial Supervisory Service (FSS) in South Korea has officially established the Financial Consumer Protection Advisory Committee, which acts as the highest advisory body on financial consumer protection policies. The committee is chaired by Yoon Chan-jin, the head of FSS, and includes Professor Kim Woo-chan of Korea University as the newly appointed vice chairman. The formation took place during an inaugural meeting held on the 6th of this month in Yeouido, Seoul, attended by external experts and FSS leadership. This committee is tasked with comprehensively reviewing supervisory issues and institutional improvements related to consumer protection, ensuring that consumer perspectives are reflected throughout FSS's regulatory functions.