Wednesday, February 15, 2017

FSS "Future merger, four large securities · KB check the internal risk management focus."



[Korea goyounghun financial newspaper reporters] to check the focus of an internal risk management Financial Supervisory mergers and large securities firms this year, such as Daewoo, Mirae Asset Securities and KB.

FSS minbyeonghyeon buwonjangbo is "a brokerage merger synergies across the enterprise in order to build the system relating to risk management and internal control is important," opened at 15th press briefing he told reporters.

Last August, the financial authorities 'development plans mega investment banks' total financial investment business entity that is providing incentives for recapitalization to enhance corporate finance capabilities and global reach, and has lead to large brokerage firms. This increased their securities conducted a recent merger or capital increase.

Smooth regulation of businesses, including this year's credit facility limit is to reorganize the financial offer, is issued as a new means of financing tasks such as drafts it will be allowed.

Minbyeonghyeon is buwonjangbo he said "the merger is expected to issue a large brokerage firms also risk the inevitable expansion of the new business is not engaged," he said "and through risk management and internal control system, risk status check transition should prevent the possibility."

In the FSS plans to investigate the credit risk related to corporate finance and new financing means, including financing related to liquidity risk management practices.

Pisaeng linked securities, including debt guarantees should also check the total risk amount of the increase in securities companies every year.

The total risk amount of securities jade was blown into 6.8 trillion won, 9.2 trillion won in eight trillion won in 2016 to 6.3 trillion won in 2015, 2014, 2013.

The internal and external financial environment of uncertainty and the possibility of a US interest rate hike is increasing, as competition has intensified between securities companies are also showing a tendency to various risks, such as self-marketing division business expands.

The FSS plans to check for the risk management practices for excessive risk-scale businesses such as sales, considering the individual characteristics of the securities companies.



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