President Yoon “Strictly sever illegal acts of multiple damages such as illegal short selling and unfair trade”

President Yoon Seok-yeol ordered, “Strictly monitor and strictly enforce illegal activities that can cause multiple damages, such as illegal short selling and unfair trade.”

Deputy Spokesperson Lee Jae-myung of the President’s Office reported that President Yoon gave the order following receiving a business report from Kim Joo-hyun, Chairman of the Financial Services Commission, at the Yongsan Presidential Office on the 8th.

In a business report, President Yoon told Chairman Kim, “Please do everything possible to stabilize the people’s livelihood, such as loan support, low interest rate conversion, and expansion of guarantees for the common people and the vulnerable. I hope that there will be no gaps in the management of household debt and household debt.”

President Yoon also said, “I hope that you will try to reorganize and rationalize outdated regulations in the financial industry so that many high-quality, high-income jobs can be created in the financial industry.”

Today’s FSC work report lasted for regarding 1 hour and 30 minutes, and like other reports from other ministries, it was made solely by Chairman Kim without the presence of FSC officials.

After meeting with reporters following the business report, Chairman Kim answered, “I have not reported directly to the president on this matter,” when asked if ‘the local governments and banks have expressed concern regarding the debt relief of small businesses, but have they reported this part?’ .

“However, President Yoon said, ‘There are various moral hazard issues, so please explain them well so that there is no misunderstanding.”

[사진 출처 : 대통령실 제공]

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