FSC Press Release: Frontier AI Security — Liability Exemption Measures & Financial Sector Guidelines
FSC Press Release — English Translation
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About this document
English translation of the FSC press release dated July 2, 2026, establishing liability exemption measures for IT system failures occurring during AI security testing and patching activities, and distributing guidelines for financial sector institutions. The guidelines cover six areas: management responsibility and governance; vulnerability and patch management; asset and supply chain management; AI-based defense automation; joint response and resilience planning; and breach containment and incident response.
This translation is produced by H&S Partners, a licensed Korean law firm with deep expertise in Korean financial regulation, ensuring legal-grade accuracy and authoritative English rendering of technical regulatory language.