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On June 18, 2026, South Korea's Financial Services Commission (FSC) held a field meeting to advance artificial intelligence transformation (AX) across the financial sector. Vice Chairman Kwon Dae-young of the FSC chaired the meeting, which brought together financial holding companies, card issuers, fintech firms, related agencies, and research institutions to discuss domestic and international trends in financial AI adoption and identify future improvement areas. The FSC announced revised guidelines for artificial intelligence in the financial sector, establishing seven core principles for all financial companies using AI. These principles are: governance (management oversight and responsibility allocation); legality (compliance with relevant regulations); supplementary function (AI as a decision-support tool with final responsibility retained by employees); reliability (use of trustworthy data and models); financial stability (minimizing risks to financial system stability); good faith (prioritizing consumer interests); and security (establishing security standards and review systems). Vice Chairman Kwon emphasized that financial sector AI adoption should support three objectives: productive finance (accelerating service development through improved data analysis), inclusive finance (enhancing financial access through alternative credit assessment and AI agent customization), and trustworthy finance (detecting financial crimes and identifying potential risks). He highlighted the need for a new regulatory framework that prevents unfair competitive advantages, establishes clear responsibility standards with international alignment, and proactively manages AI-specific risks including concentration effects and cyber threats. The revised guidelines take effect on June 22, 2026, and apply to all financial companies regardless of industry or business type, as well as fintech firms whose AI applications affect financial transactions. The FSC will distribute complementary frameworks including an AI risk management framework from the Financial Supervisory Service and a security guidance document from the Financial Security Institute. A guidance desk will operate to address industry questions through the Financial AI Platform. The FSC plans to establish task forces in the second half of 2026 to examine regulatory improvements, risk management approaches for AI deployment, and pilot programs for AI agent testing.