Thursday, February 16, 2017

Imjongryong "ask the National Assembly to handle Internet Banking Bank"



[Korea financial newspaper choice is a reporter] imjongryong Financial Committee (photo) is a 16 day temporary National Assembly to attend the entire conference Political Affairs Committee "exchange holding company, is this a temporary National Assembly Banking for Capital Market Law and the smooth functioning of the Internet specialized bank for reorganization I appeal to be processed at the taps' he said.

The current parliament under 11 legislation is pending for the Internet professional Eunsan the bank separation (industrial capital the bank holds shares of restricted), including the amendments to the Banking Act and the Special Act of the contents inside alleviate that, capital market law, sanctions reform.

The current Bank Act has contained information suggesting the non-financial Business Operator (industrial capital) allows the Bank to ensure equity to have more than 10% (based on voting rights 4%), and 34-50% stake in the bank specialized Internet only.

Jeongmuwi is one to 20 days to review the relevant information to open a public hearing on the pros and cons of whether Eunsan separate alleviate the situation comes.

Imjongryong Chairman said "I will try to make a strong financial reform legislation in cooperation with the National Assembly can be completed as soon as possible."

While another household, the limit corporate restructuring was also mentioned in the financial market issues.

Imjongryong Chairman stressed that "the pre-emptive response to a major potential risk factors is important to prevent the unrest spread to foreign inward due to instability, rising interest rates in the global financial markets in the low growth in the domestic economy.

Also imjongryong Chairman household debt-related 'response to mitigate the growth of household debt and non-banking interest rates rise it is necessary to provide for measures to protect vulnerable borrowers such limits, "he said.

Risks related to the financial industry imjongryong seafood Chairman, bond valuation losses caused by the recent rise in interest rates, but concerns the financial soundness company be reduced, it is still possible level of tolerance 'he said.



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