Korea Capital Market Institute

Policy Recommendations for Licensing Criteria of Korea's Fourth Internet-Only Bank [Senior Research Fellow] Lee, Sungbok 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 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. ...