Vice Chairman Kim So-young held the 2^nd financial risk taskforce meeting on June 23 jointly with the other relevant institutions. The meeting discussed the following three issues—(a) expanded operation of the emergency response review system, (b) preparing ten major financial risk response tasks and focusing review on these issues and (c) working on preemptive support measures to prevent default risk of financial companies. In his opening remarks, Vice Chairman Kim emphasized the need to more closely and comprehensively check market risks with a strong sense of urgency amid expanding market volatility and deepening concerns about a slowdown in the economy.

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