각국의 금융교육 법제 연구

Abstract

Governments of developed countries such as United States, the United Kingdom are trying to strengthen the financial literacy. The OECD INFE has emphasized the importance of financial education. Indeed, Financial literacy has been globally acknowledged as a key life skill and as an important element of economic and financial stability and development since the financial crises. This article introduces financial litercy education systems in other contries and Korea. Korea has also been actively conducted financial education. In recent years, the establishment of the Financial Consumer Agency(KFCA) is scheduled to be built. KFCA is the quasi-independent agency that is installed under the Financial Supervisory Service(FSS) under the supervision of the Financial Service Commission(FSC). Financial Consumer Protection Bill(FCPA) provides “The FSC shall endeavor to improve the consumer financial literacy(capability) to make informed choices in order to protect the financial interests of consumers and to be the financial consumers who are responsible for their own financial choices. The FSC shall develop a training program for improving the financial capability of consumer. The FSC shall consult with the administrative agencies, such as the Ministry of Strategy and Finance, the Fair Trade Commission. The FSC may be entrusted to KFCA Director or financial education organizations if necessary for the development of financial education program(§28).”KFCA has the authority of financial education in accordance with the law. Above all, KFCA shall prepare a national strategy for financial literacy in order to remove inefficiencies and create one stop website to offer financial literacy education programs. We recognize it is important that establish a legal and financial support financial education in cooperation with financial institutions, private organizations and communities, etc. We shall also develop effective evaluation system to improve financial literacy.