SEOUL, Jan. 8 (Xinhua) -- The chairman of the Financial Services Commission (FSC) will attend a Financial Stability Board (FSB) meeting Saturday in Switzerland to share views on financial regulations and market stabilization, the local financial watchdog said Friday.
Financial regulators from the G-20, including Chin Dong-soo, are slated to meet in Basel where they will discuss policies regarding financial market reforms, bank capital controls and financial firms' excess risk taking, the FSC said.
Chin is expected to deliver agenda for the next G-20 summit meeting in Seoul in November, as well as proposing to open a plenary FSB meeting on the sideline of the Seoul G-20 session, it added.
The FSB, which succeeded the Financial Stability Forum involving the Group of Seven major industrialized countries, was launched after the G-20 summit in London in April last year.
The G-20 consists of the G-7 -- Britain, Canada, France, Germany, Italy, Japan and the United States -- plus Argentina, Australia, Brazil, China, India, Indonesia, South Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey and the European Union.
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