South Korea calls for stronger monitoring of margin loans to cope with market fluctuations.

According to an email statement from the Financial Services Commission of South Korea, the head of South Korea's financial regulatory agency has called for monitoring of leveraged investments as volatility in stocks and other financial markets intensifies. The chairman of the Financial Services Commission of South Korea has convened a meeting with industry experts and regulatory officials to discuss the impact of surging oil prices on the South Korean market. They have ordered stress tests to be conducted to prepare for the worst-case scenario that may arise from Middle East conflicts, and to identify potential "weak links" that could trigger instability, such as fragile financial sectors or high-risk products. The Financial Stability Committee will continue to implement market stabilization plans exceeding 100 trillion South Korean won and expand the scale as needed. This plan includes the purchase of corporate bonds and commercial paper to stabilize the credit and corporate financing markets.