FSC Vice Chairman Kim So-young presided over a joint meeting with the Financial Supervisory Service and Korea Center for International Finance on June 14 to monitor rising volatility and risk factors in financial markets at home and abroad. At the meeting, Vice Chairman Kim urged officials to maintain close monitoring of financial market situations and to ensure that market stabilization measures can be readily implemented when it becomes necessary. Vice Chairman Kim also emphasized the importance of frequently checking the soundness of financial companies in order to help prevent risk transfers amid growing market volatility.