The FSC Vice Chairman, Choo Kyung Ho visited Tokyo during October 10 to 11 to attend the Financial Stability Board’s Plenary Meeting.

Top regulators from 24 FSB member countries as well as from BCBS and other standard-setting bodies attended the meeting to uphold and execute the agreements made on financial regulatory reform initiatives at the G20 Mexico Summit last June.

Some of the issues agreed upon were: vulnerabilities in the financial system; G-SIFIs and D-SIFIs; shadow banking; and OTC derivatives regulation.

*Please read the attached file for details.