Top Regulator-nominee Calls for Tough Reform, Risk Management on Household Debt

SEOUL, Mar. 10 (Korea Bizwire) — The nominee for South Korea’s top financial regulator urged local financial firms on Tuesday to take stricter reform measures for what he describes a “second take-off,” and vowed heightened risk management on ballooning household debts. “The financial industry is facing rapid environment changes, such as a low interest rate [...]