17. pants

The FCMC commits itself to

continuously harmonize all sector-specific legislation,

regulations, and supervisory methods to reap the full benefits of

unified financial sector supervision. By end-June 2002, the FCMC

will explore the feasibility of introducing a rating system for

the institutions to be supervised to enhance the effectiveness of

its oversight activity. In addition, the FCMC will prepare

on-site manuals for insurance and securities market supervision

by end-2002. The FCMC will continuously enhance risk-based

supervision and review the feasibility of introducing certain

consumer protection measures for the financial sector.