Home

The Korea Herald

Latest news

Most Popular

  1. 1

    Blinken calls on China to press N. Korea to end its 'dangerous' behavior

    Blinken calls on China to press N. Korea to end its 'dangerous' behavior
  2. 2

    New celebrity-endorsed therapy for face contouring requires only a pair of rubber bands

    New celebrity-endorsed therapy for face contouring requires only a pair of rubber bands
  3. 3

    [Weekender] How DDP emerged as an icon of Seoul

    [Weekender] How DDP emerged as an icon of Seoul
  4. 4

    Tensions heighten ahead of first president-opposition chief meeting

    Tensions heighten ahead of first president-opposition chief meeting
  5. 5

    Doctor group's incoming head renews call for govt. to scrap medical school quota hike for dialogue

    Doctor group's incoming head renews call for govt. to scrap medical school quota hike for dialogue
  1. 6

    Seoul to provide housing subsidy to married couples with newborns

    Seoul to provide housing subsidy to married couples with newborns
  2. 7

    [Music in drama] An ode to childhood trauma

    [Music in drama] An ode to childhood trauma
  3. 8

    'The Roundup: Punishment' becomes fastest 2024 film to top 2 mln admissions

    'The Roundup: Punishment' becomes fastest 2024 film to top 2 mln admissions
  4. 9

    Rapper jailed after public street fight with another rapper

    Rapper jailed after public street fight with another rapper
  5. 10

    New head of doctors' association vows war in case of disadvantage to medical professors

    New head of doctors' association vows war in case of disadvantage to medical professors
소아쌤

Financial watchdog seeks foreign banks’ support in Brexit countermeasures

By Korea Herald

Published : July 5, 2016 - 10:15

    • Link copied

[THE INVESTOR] Financial Supervisory Service Governor Zhin Woong-seob on July 5 called on foreign financial institutions to cooperate with the government in responding to any fallout from UK’s departure from the European Union.

“Cooperation between the supervisory agency and foreign financial companies is needed to minimize negative impact of Brexit,” Zhin said at a meeting with the CEOs of the 15 foreign financial companies’ Korean operations. 

FSS Governor Zhin Woong-seob FSS Governor Zhin Woong-seob


He added that the government is closely monitoring the market, and called on the attending CEOs to focus on risk management, and that foreign banks’ role as providers of foreign currency liquidity must not be compromised.

By Choi He-suk (cheesuk@heraldcorp.com)

More from Headlines