FSC Vice Chairman Kim So-young held a meeting with officials on June 8 and urged all FSC staff to ensure a smooth operation of key policy tasks while preparing for the task of "financial stability" and "innovation in financial regulation" underscored by the FSC Chairman nominee. Vice Chairman Kim said that it is important not only to maintain close monitoring of market trends but also to inspect risk factors in each financial sector and prepare measures to address areas of vulnerability. On the need for regulatory innovation, Vice Chairman Kim stated that the financial industry should be able to respond to changes taking place in digital environments in an agile manner and urged authorities to seek areas where regulatory improvements can take place in financial markets.