South Korea’s Financial Services Commission (FSC) chairman Lee Eog-weon met Standard Chartered Group CEO Bill Winters in Seoul to discuss the potential global financial impact of the deepening geopolitical crisis in the Middle East and Korea’s response measures. Lee outlined the government’s approach, including a 24-hour monitoring system led by a joint inter-agency taskforce and active implementation of KRW 100 trillion-plus market stabilization programs aimed at maintaining financial market stability and limiting spillovers to the real economy. Winters highlighted the need for a comprehensive government response amid uncertainty and raised interest in Korea’s swift and agile measures, as well as the recent strong performance of Korean stock markets. Lee also shared key policy directions for the government’s productive finance initiative and requested continued support from Standard Chartered.
South Korea Financial Services Commission 2026-03-13
South Korea Financial Services Commission chair meets Standard Chartered CEO to outline 24-hour monitoring and KRW 100 trillion-plus market stabilization programs
South Korea’s Financial Services Commission Chairman Lee Eog-weon and Standard Chartered Group CEO Bill Winters discussed the global financial impact of the Middle East crisis and Korea's response measures. Lee detailed a 24-hour monitoring system and KRW 100 trillion-plus market stabilization programs to maintain financial stability. Winters expressed interest in Korea's measures and the strong performance of its stock markets.