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Financial Reform Committee Formed

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A deliberative body for the government’s effort to reform financial industry, Financial Reform Committee was officially launched. It comprises of 19 members-6 from the academia; 5 from the financial sector; 4 industrial, economic, and IT experts; and 4 experts related to pension and taxation. The committee is a private body that deliberates measures for financial reform.

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The committee held its first meeting on March 24, Wednesday with the presence of 19 members, FSC Chairman, and FSS governor. At the meeting, professor Min Sang-ki from Seoul National University was chosen as chairman of Financial Reform Committee who will take the chairmanship for one year starting from today.

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