Chairman Lee Eog-weon of the Financial Services Commission held a media briefing on May 21 and announced ten key achievements and progress in the implementation of financial policies in the first year of the Lee Jae Myung administration. Over the past year, the FSC has sought to push for a major overhaul in the financial industry to make financial services more productive, more inclusive, and more trustworthy, and has been able to produce notable achievements in the following areas—(a) decoupling finance from real estate and redirecting finance to productive sectors, (b) transforming financial services to better support people's livelihoods, and (c) making finance more trustworthy through effective management of market risks.