Vice Chairman holds meeting to review current market situation and discuss response strategiesMar 10, 2025

Vice Chairman Kim Soyoung of the Financial Services Commission held a meeting with a group of market experts on March 10 to go over current market situations at home and abroad and discuss risk factors and response strategies. At the meeting, participants assessed that despite a continuation of heightened level of uncertainties abroad, the financial markets at home have maintained relatively stable conditions. However, as there exist various downside risks, such as the spread of protectionism around the world and potential slowdown in the U.S. economy, participants suggested that the government will need to make continuous efforts to ensure stability in the market. To be thoroughly prepared for the impact of changing international economic environment, Vice Chairman Kim said that the financial authorities will enhance market monitoring through close coordination with related organizations, continue to operate market stabilization programs to quickly respond to market anxieties, and work to ensure a rigorous management over domestic risk factors and the soundness of financial institutions.