metaqsolThe FATF 34th Plenary in Mexico City addressed evolving threats in cyber fraud and virtual assets.
Key decisions included maintaining high-risk country sanctions and adopting new AML/CFT reports.
The plenary was held from February 9 to 13, 2026, with broad international participation.
South Korea has advanced its spring wildfire prevention period to address increased wildfire risks.
The Forest Service now operates from January 20 instead of February 1, with early activation of response teams.
These measures are currently in effect and involve multiple agencies for coordinated action.
South Korea is implementing a large-scale venture fund to support startups and address economic polarization.
The policy aims to foster innovation, create jobs, and promote balanced regional development.
The government announced the 4.4 trillion won venture fund initiative in January 2026.
The Ministry of Agriculture, Food and Rural Affairs is implementing expanded supply and discount programs for key food items during Lunar New Year.
Supply of apples and other holiday foods is increased, and the discount support budget rises by 6.3% for 2026.
Discounts and supply measures are active from January 29 to February 16, 2026, with special events in traditional markets from February 10 to 14.
The Korean government is considering doubling national funding for infrastructure in advanced industry clusters located outside the capital region.
This move aims to strengthen competitiveness in sectors like semiconductors, batteries, and biotech, while supporting regional growth.
Decisions will be finalized in the first half of 2024 following committee approval.
South Korea has established an inter-ministerial Youth Policy Council to coordinate youth-related policies.
The council aims to address youth employment, education, housing, and financial support through cross-government collaboration.
The first meeting was held on June 6, 2024, with quarterly sessions planned.