The Bank should strengthen risk management in the net settlement systems, in line with the expanded use of the retail settlement system and diversification of its participant institutions. The “Plan to Develop the Payment and Settlement Systems in the Securities Markets”, prepared jointly with other related institutions including the Korea Exchange and the Korea Securities Depository, must also be seamlessly put into operation.
In our management of the foreign reserves, meanwhile, even greater attention should be paid to their safety and liquidity, in consideration of the still high degree of uncertainty in the global financial markets. Efforts are at the same time needed to secure their improved profitability, in line with the rise in our holdings of foreign currency assets.