The recent parliamentary passage of a bill awarding the Bank of Korea (BOK) a role in coping with financial instability has set the stage for the central bank to tackle problems in a flexible manner, the top central banker said Monday. The National Assembly on Wednesday approved a bill governing the BOK, allowing the central bank to keep financial stability as its policy priority, together with price stability. The passage paved the way for the BOK to play a role in preventing another financial crisis.