The financial regulatory reform committee held its 4th meeting on November 14 and discussed (a) ways to improve the regulation that requires separation of industrial and financial capital, (b) ways to overhaul financial institutions' subcontracting practices, (c) establishing a one-stop loan refinancing infrastructure and (d) measures to improve regulations in the insurance sector. In his opening remarks, FSC Chairman Kim Joo-hyun said that despite difficult current finacial market situation, seeking innovation in the financial industry and ensuring stability in financial markets need to take place coincidentally in order to move forward. In this regard, Chairman Kim said that the government is committed to work for both innovation and stability in financial markets.