South Korea vows financial stability amid global risks

South Korea's top financial regulator pledged to take pre-emptive steps to safeguard financial stability as the country faces challenges from high interest rates and potential US. policy shifts under a possible Trump administration. At the FSS SPEAKS 2025 forum in Seoul, Financial Supervisory Service Governor Lee Bok-hyun highlighted growing market volatility and economic risks driven by global and political uncertainties. He outlined plans to manage household debt levels and ensure the soundness of financial institutions. The FSS also aims to advance the domestic financial market by revising regulations related to IPOs and other key systems. Lee said the agency would closely monitor the resumption of short selling next week, ending a ban imposed in November 2023 after violations by global investment banks.