South Korea's seven principles for AI finance came quite quickly, being implemented in June, with the regulatory framework racing alongside the technology.

Crypto World News reports that on the 18th, the Korea Financial Services Commission released a revised version of the “Guidelines for Artificial Intelligence in the Financial Sector,” deciding to implement seven major principles across the entire financial industry and financial technology enterprises starting June 22, including governance, legality, assistive functionality, trustworthiness, financial stability, integrity obligations, and security. At the same time, the Korea Financial Supervisory Service will release an AI risk management framework for the financial sector, and the Financial Security Institute will publish AI safety guidelines.