FSC Vice Chairman Kim So-young presided over a meeting with the Financial Supervisory Service and experts from public and private research institutions on September 1 to review current situation in financial markets and discuss potential risks in the future. At the meeting, participants said that despite a turnaround in global economic conditions seen recently backed by the U.S. and Eurozone economies, downside risks such as a continuation of policy tightening in the U.S. and a slowdown in China may hold back the pace of economic recovery in Korea. In this regard, Vice Chairman Kim said that the role of finance is important in helping domestic enterprises to withstand and overcome uncertainties. Vice Chairman Kim also touched upon various issues including the new export financing support measures and the loan forbearance support for SMEs and small merchants and urged authorities to make sure their seamless implementation and closely monitor market conditions.