FSC Chairman meets with heads of financial associationsFeb 22, 2021

FSC Chairman Eun Sung-soo met with the heads of the five major financial associations and federations on February 22 and held talks on the necessity of a six-month extension of the loan deferment program and ways to facilitate a soft landing of the termination of the temporary support measures. Speaking on the policy rollback of the temporary deregulatory measures, Chairman Eun stated that the FSC plans to gradually roll back the temporary deregulatory and financial response measures based on a judgement of both quantitative and qualitative indicators in the following areas—(a) COVID-19 prevention and containment, (b) real economy and (c) financial stability.


* Please see press release for details.