Vice Chairman Kim Soyoung of the Financial Services Commission held a meeting with related authorities and organizations on December 21 to check current market situation and discuss financial market outlook and policy direction for 2024. To ensure that the authorities are able to promptly, sufficiently and actively respond to financial market risks in 2024, Vice Chairman Kim said that the authorities will consider ways to expand the size of market stabilization programs and seek measures to boost the effectiveness of these programs. To continue to ensure stability in financial markets in 2024, Vice Chairman Kim urged the authorities to continue to make concerted efforts to maintain soundness and resilience in the financial system.