FSC Chairman meets Standard Chartered CEO, discusses market

FSC Korea News

Published March 13th, 2026

Detected March 18th, 2026

Summary

The Chairman of South Korea's Financial Services Commission (FSC) met with the CEO of Standard Chartered Group on March 13, 2026. They discussed global geopolitical impacts, market stability programs, and the FSC's productive finance initiative.

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FSC Chairman Lee Eog-weon met with Standard Chartered Group CEO Bill Winters on March 13, 2026, to discuss the global impact of geopolitical crises, particularly in the Middle East, and the Korean government's response measures, including a 24-hour monitoring system and market stabilization programs exceeding KRW 100 trillion. The discussion also touched upon the recent strong performance of Korean stock markets and the FSC's productive finance initiative.

This meeting is primarily informational, involving a discussion between a regulatory head and a major financial institution's CEO. No new regulatory obligations or compliance deadlines are imposed by this notice. Regulated entities should note the FSC's focus on market stability and productive finance initiatives, which may inform future policy directions.

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FSC Chairman Holds Meeting with SC Group CEO Mar 13, 2026
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Chairman Lee Eog-weon of the Financial Service Commission met with Standard Chartered Group CEO Bill Winters at his office in Seoul Government Complex on March 13.

At the meeting, FSC Chairman Lee and SC Group CEO Winters exchanged views on the global impact of deepening geopolitical crisis in the Middle East. While speaking about uncertainties regarding the Middle East situation, SC CEO Winters spoke about the need for comprehensive response from governments and expressed interest in the Korean government’s swift and agile response measures. In this regard, FSC Chairman Lee gave explanations on how the Korean government has been handling and responding to the situation—by operating a 24-hour monitoring system led by a joint inter-agency taskforce and ensuring an active implementation of the KRW100 trillion-plus market stabilization programs—to ensure financial market stability and minimize impact on the real economy.

SC Group CEO Winters also expressed interest in the strong performance shown by Korean stock markets recently.

In this regard, FSC Chairman Lee shared key policy directions regarding the Korean government’s productive finance initiative and asked for continuous support from SC Group.