Securities Industry Olympics, Held in Korea During Every Crisis?

International Securities Association Council Annual Meeting to be Held in June
Previously Hosted in Korea in 1997 and 2008

[Asia Economy Reporter Park Soyeon] The ICSA Annual General Meeting, where members of the International Council of Securities Associations (ICSA) share information on major issues and market trends in the international capital markets, will be held in Korea this June.

Known as the 'Securities Industry Olympics,' ICSA is held sequentially by continent every year, and this year it will be hosted by the Korea Financial Investment Association at the Four Seasons Seoul Hotel from June 18 to 20 for three days and two nights.

Last year, it was held in the United States, and next year it is scheduled to be held in Germany. One notable point is that it was also held in Korea during past crises, such as in 1997 (Asian Financial Crisis) and 2008 (Global Financial Crisis). This year, amid a challenging environment including global economic contraction and increased uncertainty in capital markets following the COVID-19 pandemic, an important international conference on capital markets will be held in Korea.

The Korea Financial Investment Association plans to use this event to rebuild weakened global partnerships after COVID-19, enhance the global status of the Korean capital market, and comprehensively explore development plans for our capital market from various perspectives. The discussion topics will be centered on issues of great interest to the industry·government to ensure practical benefits for the domestic capital market and industry development.

It is expected that more than 150 participants, including representatives of member institutions, member companies, government, National Assembly, related organizations, academia, and stakeholders, will attend this annual general meeting.

ICSA is composed of securities·capital market associations from major advanced and emerging countries, with a total of 20 institutions participating, including securities·capital market associations (17 countries) and global IB representative institutions (3 organizations). ICSA was established in 1988 to promote the development of international capital markets through joint policy development, policy recommendations to international organizations, and information sharing among member countries.

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