Vice Chairman speaks about ways to deal with changing global financial environmentOct 20, 2023

FSC Vice Chairman Kim So-young attended a policy seminar co-hosted by the Korea International Economic Association and the Korea Institute for International Economic Policy on October 20 and delivered a keynote address. In his speech, Vice Chairman Kim said that due to changing paradigm in the global financial environment such as digital transformation and the spread of sustainable finance, it remains difficult for the financial industry to seek a way out of the low growth patterns without finding a new growth driver. In this regard, Vice Chairman Kim said that the authorities have been promoting various inbound and outbound strategies to export Korea's financial services infrastructures abroad and bring innovative overseas-based financial services into domestic market. In order to lead the global financial market, Vice Chairman Kim said that innovation should continue based on strong public-private partnership and cooperation.