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Opinion

Our bi-weekly Opinion provides you with latest updates and analysis on major capital market and financial investment industry issues.

OPINION

The Expected Benefits and Policy Challenges of Korean Won Internationalization: With a Focus on Expanding Offshore KRW Transactions [Senior Research Fellow] Kim, Hansoo / Sep. 08, 2026 The internationalization of the Korean won is a policy initiative aimed at modernizing the currency’s trading and settlement infrastructure—which has lagged behind the already extensive integration of Korea’s capital markets into the global financial system—and extending the liquidity base of the won to global financial markets. Enabling the won to be traded and settled offshor... Structural Characteristics of the Financial Assets and Liabilities of Korean Non-financial Corporations and their Implications [Senior Research Fellow] Lee, Sungbok / Sep. 08, 2026 Corporate dependence on banks is very high in Korea. Although the share of investment assets in the financial assets of Korean corporations has increased, a substantial portion of their financial assets continues to be held in short-term deposits. On the liability side, the share of loan liabilities has also increased. In addition, a large portion of corporate financial assets ... Retail Investors' Leveraged Investment: Current Status and Implications [Senior Research Fellow] Lee, Hyo Seob / Aug. 25, 2026 Since 2025, Korean stock indices have risen sharply and become more volatile, and as a result, leveraged investment by retail investors has been growing quickly. As of the end of June 2026, the outstanding balance of margin loans in Korea stood at 36.7 trillion won, 5.5 times the level at the end of 2016. This growth is 1.7 times faster than the growth of margin trading in the ... Korea’s Capital Market in 2026, with Investor Rights Protection Still Stuck in the 1960s: Reform Priorities for Unclaimed Shares and Bondholders’ Meetings [Senior Research Fellow] Hwang, Hyunyoung / Aug. 25, 2026 By 2026, Korea’s capital market has made remarkable progress in both market scale and institutional development, as reflected in stock indices and market capitalization, the breadth of its retail investor base, amendments to the Commercial Act, and the electronic securities system. Yet the procedures through which investors recover lost rights and collectively exercise their ri... The Impact Investment Market in Korea: Current Status and Challenges [Senior Research Fellow] Park, Chang Gyun / Aug. 11, 2026 Impact investing is an investment approach that seeks to generate positive, measurable social value alongside financial return. Its core elements are intentionality in the pursuit of social value, the simultaneous pursuit of financial return and social value, and the measurement and disclosure of the outcomes investment activities produce.

The global impact investmen...