The Financial Services Commission and the Financial Supervisory Service held a meeting with market experts to share and exchange opinions on the recently announced measures for seeking a soft-landing in the real estate project finance market on May 20. At the meeting, participants shared a common view that the recently announced measures intended to more effectively sort out financially viable projects from those deemed to fall below standards and to facilitate speedy restructuring and liquidation of the latter will significantly help to remove uncertainties in the market. Although there are concerns about a potential increase of risk in the nonbank sector, participants assessed that the possibility of insolvency risk spreading throughout the nonbank sector remains low due to improvements in the loss absorbing capacity of financial companies. Speaking about the importance of transparency and predictability, FSC Secretary General Kwon Dae-young said that the financial authorities will work to clearly communicate policy directions and implementation of specific measures with market participants.