South Korea’s financial system remains resilient despite domestic and global challenges, the Financial Supervisory Service (FSS) governor said, noting that market uncertainties are expected to ease. Economic fundamentals remain sound, and the impact of political and economic issues on financial firms is limited, according to FSS Governor Lee Bok-hyun. Lee outlined plans to improve the supervisory system to align with global standards and enhance market monitoring to mitigate volatility. Participants at the meeting, including foreign financial company representatives, expressed optimism that political instability, following President Yoon Suk Yeol’s recent martial law declaration, would stabilise given South Korea’s strong governance record. They also highlighted expectations of a weaker Korean won amid a strong U.S. dollar and potential rate cuts, urging continued financial policies.