Korea Financial Supervisory Service: Will Track Securities Firms' Margin Financing and Securities Lending and Margin Trading to Prevent Widening Retail Investor Losses

According to EToday, South Korea Financial Supervisory Service (FSS) Governor Lee Chan-jin presided over a financial situation inspection meeting yesterday, calling on financial institutions to strengthen market stability and forward-looking risk management. Regarding the stock market, the Financial Supervisory Service announced it will monitor securities firms' margin financing, securities lending, and margin trading activities to prevent market volatility from causing increased losses for individual investors. Lee Chan-jin stated that against the backdrop of intensified volatility in the South Korean stock market, continued tensions in the Middle East, and rising expectations of further interest rate hikes in the United States, future financial market volatility may further expand, and relevant institutions need to make adequate preparations.