Korea Institute of Finance and Capital Market Research Institute to Hold Financial Group Supervision Seminar on the 29th

[Asia Economy Reporter Kim Hyo-jin] The Financial Services Commission announced on the 22nd that it will hold a seminar on "Future Directions for Financial Group Supervision Systems" hosted by the Korea Institute of Finance and the Capital Market Institute at the Bankers' Hall in Jung-gu, Seoul on the 29th.

Attending the seminar will be Min Byung-doo, Chairman of the National Assembly's Political Affairs Committee, Eun Sung-soo, Chairman of the Financial Services Commission, and Kim Sang-jo, Chief of Policy Office of the Presidential Secretariat.

The Capital Market Institute will present on "Current Status and Implications of Financial Group Supervision Systems in Major Countries," while the Korea Institute of Finance will present on "Achievements and Challenges of Korea's Financial Group Supervision System."

After the presentations, experts from academia, industry, and financial authorities will share their opinions on the direction of financial group supervision policies.

Financial groups refer to entities engaged in two or more sectors among deposit-taking and lending, insurance, and financial investment businesses, excluding bank holding companies. Currently, six financial groups under supervision include Samsung, Hanwha, Mirae Asset, Kyobo, Hyundai Motor, and DB.

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