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IOM, TelcoCB sign MoU to improve migrants’ access to formal banking and financial services in the Republic of Korea

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IOM Deputy Director General for Management and Reform, SungAh Lee, and TelcoCB Chief Executive Officer, Ho-jun Jang, during the signing ceremony. Photo: IOM 2026
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UN agency, the International Organization for Migration (IOM) has signed a Memorandum of Understanding (MoU) on Friday, 9 January, with TelcoCB to improve migrants’ access to formal banking and financial services in the Republic of Korea, particularly for those with limited or no credit history.

According to the Korean Immigration Service, as of October 2025 there are approximately 2.8 million migrants in the country, accounting for about 5 per cent of the total population. Despite their active participation in the economy, many migrants continue to face challenges in accessing formal banking services and essential services needed for daily life – such as opening a bank account, building a basic credit profile, obtaining mobile phone subscriptions, making housing deposits and digital payments – largely due to the lack of alternative credit assessment mechanisms that recognize their economic activity.

In support of the Government of the Republic of Korea’s efforts to strengthen the integration of migrants, the MoU was signed by IOM Deputy Director General for Management and Reform, SungAh Lee, and TelcoCB Chief Executive Officer, Ho-jun Jang. Under this partnership, IOM will provide guidance on international standards and policy frameworks related to migrant protection, economic inclusion and access to essential services, such as fair access to banking, remittance services and safeguards against financial exclusion, while TelcoCB will contribute its expertise in financial systems and data technology. 

“Migrants living in the Republic of Korea continue to face challenges in accessing financial services, including banking,” said DDG Lee. “While this is a global issue, the Republic of Korea’s position as a digital leader presents strong potential for practical, technology-driven solutions. Digital innovation can significantly improve quality of life, and this partnership is expected to help migrants live more dignified and stable lives.”

This cooperation seeks to reduce information gaps and improve access to financial and other essential services. Together, the two organizations will explore the development of digital services that help migrants navigate financial and administrative systems more easily and independently. These efforts will promote better social integration of migrants through innovative, technology-based solutions.

“This collaboration is significant in that it seeks to explore a new model that leverages digital technologies to enhance the migrants’ access to information and financial services, while providing tangible support for upholding human dignity and promoting social integration,” said Jang.

TelcoCB is a joint venture established by the Republic of Korea’s three major mobile network operators – SK Telecom, LG U+, and KT – together with Korea Credit Bureau (KCB) and SGI Seoul Guarantee Insurance (SGI) as strategic investors. The company provides non-financial credit assessment services using telecommunications data for individuals with limited financial histories, contributing to the expansion of financial inclusion. TelcoCB’s alternative credit assessment service, EQUAL, has been designated an innovative financial service by the Financial Services Commission.

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ICC confirmation of 17 charges against El-Hishri draws praise from rights groups

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Photo: Marnette
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Human rights organisations and migrant rights advocates have welcomed the International Criminal Court’s (ICC) decision to confirm all 17 charges against Osama El-Hishri, describing it as a landmark step towards justice for victims of abuses committed at Libya’s notorious Mitiga Prison.

The ICC’s confirmation of the charges clears the way for El-Hishri to stand trial over allegations linked to murder, torture, sexual violence and other crimes allegedly committed against detainees at the prison in Tripoli.

Reacting to the decision, migrant distress network Alarm Phone described the ruling as “historic” for survivors of crimes committed at Mitiga Prison.

“The International Criminal Court confirmed all 17 charges against El-Hishri. This is a historic decision for survivors of crimes committed at Mitiga prison in Libya,” the organisation said in a statement posted on X.

Alarm Phone also echoed calls by refugee advocacy group Refugees in Libya, saying the prosecution should mark the beginning of broader efforts to hold perpetrators of abuses in Libya accountable.

Similarly, Sea-Watch International hailed the ICC’s decision, noting that the confirmation means the case will now proceed to trial.

The organisation alleged that El-Hishri was a senior member of Libya’s Special Deterrence Force (SDF/RADA) militia and headed parts of Mitiga Prison, where migrants and refugees were subjected to severe human rights violations.

“The ICC confirmed all 17 charges against El-Hishri today. The case is going to trial,” Sea-Watch International said.

It added that people on the move detained at Mitiga Prison had been subjected to murder, torture and sexual violence, describing the prosecution as an important step in addressing longstanding impunity for abuses against migrants in Libya.

Activist Yousef Ismail also welcomed the court’s decision, saying it represented the kind of justice victims had long demanded.

“This is the real number; this is the truth we seek. We always speak of justice and respect for human rights. The International Criminal Court has fairly proven 17 charges against the so-called ‘Hashri,’ the rapist and the gatekeeper of Mitiga,” he wrote on X.

The ICC’s decision has been widely viewed by rights advocates as a significant milestone in efforts to secure accountability for crimes allegedly committed against migrants and refugees held in Libya’s detention system.

Campaigners, however, stressed that the prosecution of El-Hishri should not be the end of international efforts, urging authorities to investigate other individuals allegedly responsible for serious human rights violations in Libya’s detention facilities.

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Expert raises questions over UNHCR’s strategic direction after new leadership appointments

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A former Head of Policy Development and Evaluation at the UN Refugee Agency (UNHCR), Jeff Crisp, has suggested that the organization’s newly announced leadership appointments could signal a shift in its priorities away from refugee protection and asylum toward humanitarian assistance and development.

Reacting to the appointments in a post on X, Crisp said the selection of the agency’s new senior officials “suggest that the agency might be going to focus on humanitarian assistance & development issues rather than refugee protection & asylum.”

He added that his concerns were reinforced by UNHCR’s support for the European Union’s Pact on Migration and Asylum.

“A suspicion strengthened by UNHCR’s endorsement of the EU Pact on Migration & Asylum,” Crisp wrote.

His comments came shortly after United Nations Secretary-General António Guterres announced the appointments of Tressa Rae Finerty as Deputy High Commissioner for Refugees, Antón Leis García as Assistant High Commissioner for Operations, and Edem Wosornu as Assistant High Commissioner for Protection.

UN High Commissioner for Refugees Barham Salih welcomed the appointments, saying the three officials bring extensive experience in humanitarian affairs, international cooperation and refugee protection. They are expected to assume their duties in the coming weeks.

Crisp’s remarks reflect concerns held by some refugee rights advocates and migration experts who have argued that UNHCR faces increasing pressure to balance its traditional mandate of protecting refugees and defending the right to asylum with expanding responsibilities in humanitarian response, development cooperation and migration management.

The appointments come at a time when the agency is grappling with record levels of forced displacement worldwide, shrinking humanitarian funding and increasingly restrictive asylum policies in many parts of the world.

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Conflict, displacement fuel Ebola outbreak in Eastern DR Congo, NRC warns

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The Norwegian Refugee Council (NRC) has warned that the ongoing Bundibugyo Ebola outbreak in the Democratic Republic of Congo (DRC) is spreading in communities already devastated by years of armed conflict, displacement and inadequate access to basic services, urging the international community to step up funding and political support for the response.

In a statement, NRC’s Country Director in DR Congo, Eric Batonon, said the outbreak was unfolding in Ituri province, the current epicentre of the epidemic, where thousands of displaced people have spent years living in overcrowded shelters with poor sanitation and limited healthcare.

According to Batonon, prolonged violence by armed groups competing for control of land and mineral resources has forced millions from their homes, while the humanitarian crisis has received insufficient attention from donors and the international community.

He said these conditions had created an environment in which Ebola has been able to spread rapidly, contributing to the rising number of infections.

Batonon stressed that infection prevention and control measures must remain central to the response, adding that affected communities should play a leading role in shaping response strategies.

He said building trust and engaging directly with local populations would be critical to containing the outbreak, arguing that Ebola can only be effectively controlled when community priorities guide public health policies.

The NRC said it has intensified its Ebola response in eastern DRC through community awareness campaigns and preventive health measures. The organisation is establishing handwashing stations, distributing hygiene supplies and supporting efforts to reduce the risk of infection in affected communities.

It also said its teams are working to minimise disruptions to children’s education by helping schools operate safely during the outbreak.

In addition, NRC staff are assessing the impact of the epidemic on internally displaced persons in Ituri as well as neighbouring North and South Kivu provinces, where many people continue to live in overcrowded camps with inadequate sanitation facilities.

The findings, Batonon said, will help shape humanitarian interventions for some of the country’s most vulnerable populations.

The NRC noted that DR Congo has appeared on its annual list of the world’s most neglected displacement crises every year over the past decade, reflecting what it described as persistent international neglect of the humanitarian situation in the country’s east.

Batonon called on donors to provide flexible and sustained funding while increasing political engagement to ensure the Ebola response can outpace the spread of the disease and address the underlying humanitarian conditions that have worsened the outbreak.

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