Korea Capital Market Institute

Policy Recommendations for Licensing Criteria of Korea's Fourth Internet-Only Bank [Senior Research Fellow] Lee, Sungbok / Oct. 22, 2024 The licensing approval criteria for Korea’s fourth internet-only bank are expected to be announced in November 2024. Accordingly, this round of licensing is anticipated to begin within this year. This new licensing focuses on micro and small businesses, and the key criteria for the licensing approval are expected to include the expansion of loan supply to micro and small busine... Network Separation Regulations for Financial Companies: Global Practices and Implications for Korea [Senior Research Fellow] Hwang, Seiwoon / Oct. 22, 2024 Korea’s network separation regulation for financial companies was initially introduced to minimize security failures in the financial sector, mandating strict physical network separation for many years. Given the rapid development of the ICT industry and the need for financial companies to stay competitive, a significant shift is required for the network separation regulation. ... Technology Neutrality in Financial Investment Regulations: Implications of Reg PDA [Research Fellow] Noh, Sungho / Oct. 08, 2024 This article examines the impact of Reg PDA, proposed by the U.S. Securities and Exchange Commission (SEC) in August 2023, on the financial investment industry with an emphasis on the concept of technology neutrality and discusses its implications in an era of digital transformation. The SEC has been facing opposition from the financial industry stakeholders as Reg PDA broadly ... Growth of Retirement Plan Assets: Key Factors and Implications [Research Fellow] Hong, Wonku / Oct. 08, 2024 By the end of 2024, the size of retirement plan assets is estimated to surpass KRW 430 trillion. The growth of these assets is primarily driven by wage increases, investment returns, and the number of plan participants. Between 2011 and 2023, the total value of retirement plan assets significantly increased 7.7 times from KRW 49.9 trillion to KRW 382.4 trillion. Meanwhile, the ... The Impact and Implications of a Shift in US Monetary Policy on the Won-Dollar Exchange Rate [Senior Research Fellow] LEE, Seungho / Sep. 24, 2024 The strength of the US dollar, which has been the primary driver of the won-dollar exchange rate increase over the past two years, is approaching a turning point due to potential changes in US monetary policy. With the Fed poised for an imminent rate cut, the US dollar is expected to gradually weaken, leading to an influx of global investment funds into Korea and exerting upwar...