[Korea goyounghun financial newspaper reporter] 14 days jeongeunbo Finance Committee vice chairman, said "the financial investment industry where managing risk than the one avoided the risk."
Jeongeunbo vice FSC day told reporters that in the financial investment industry, target market inspection meeting held in the Korea Exchange in Yeouido, Seoul. This and other related parties such as financial institutions and the financial investment industry above the Financial Supervisory Service, Exchange attended.
Vice Chairman Chung said that many concerns, but, look, we can not shake the capital market crisis on the initial market impact of colostrum iteotdamyeo last week that the impeachment decision on the incumbent president.
"There are problems such as external interest rate hikes in the US, strengthened trade protectionism, conflict with China, the European political agenda." "Our financial markets are still faced with the fact that many uncertainties," said he uttered.
Internally, has a number of issues such as political conditions change and the North Korean provocation of the early presidential election. The government plans to strive for institutional relations and cooperation to stabilize the capital market. First financial year starting the joint emergency response system to closely monitor domestic and international financial situation, and based on a thorough commitment to investor protection and market stability.
Chung vice chairman is "P-CBO for corporate bond issuance support and corporate acquisitions support programs and market conditions, will operate the bond market stabilization fund immediately in accordance with the" "prosecutors, the Financial Supervisory Service, the 'market along with the exchange for political temaju and unfair competition intensive crackdown configure the order established TF 'and explained that the measures will be strictly for misconduct ".
He added, "SMEs and venture companies to facilitate maintenance related institutions and infrastructure to be funded, and the exchange restructuring, such as promoting a efforts to strengthen the global competitiveness of our capital markets continue will expand its resistance to external shocks "he said.
To this end, Vice Chairman Chung has checked the integrity of the FSS to market conditions and financial companies, and urge the letter has raised the need for proactive measures, such as recapitalization active when discovered vulnerabilities. The exchange also ordered strict enforcement and penalties for the conduct that promotes market jitters spreading such rumors, price manipulation. Jakjeonju, including temaju was also presented abnormally proper management of stocks seen surging over the overheating aspect.
Chung vice "securities firms, asset management firms, credit rating agencies such as key players in the capital markets and the industry itself should assess and manage the risks associated with market conditions" and "voluntary market cleansing efforts, such as for reporting suspicious activity strongly to financial authorities and to come off, "he said.
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