[South Korea's Choice Financial newspaper reporter] decided to review the financial pre-sale special law enacted for the Financial Services Commission is the fourth industrial revolution correspondence.
Jeongeunbo Finance Committee Vice Chair will open the first meeting 20 days in the public-private joint 'Fourth Industrial Revolution financial sector task force (TF)' discussing these details.
Financial Services Commission of TF to participate in such government-control tower the 'Fourth Industrial Revolution Strategy Committee, in conjunction with the launch from the day the jeongeunbo Vice-Leader in Financial Services Commission, Financial Supervisory Service, Bank of Korea and the Association, the Institute of Finance and Insurance Institute, Capital Research operating decided.
First it announced the introduction of financial regulation test bed room. Financial Regulation has decided to introduce a test bed opinion issued by non-action, such as a three-way test consignment, representative entitlements through a finance company primarily for the new financial operators.
Non-Action opinion, in the case of consignment test methods in consultation as pin-Tech Industry Association said in June-July to implement as soon as that comes to collect Enforcement demand. Demand is expected to pursue after the test bed of the statutory exemption regulations, such as more aggressive approach in two stages.
Law, institutional reform for the fourth industrial revolution was in response to even respond. Fourth review of the industrial revolution, enacted a special law against the financial sector, and promoting the financial infrastructure, restructuring the fourth industrial revolution against payment, depository institutions, etc.
Also during the second quarter of Step 2 pins tech development policy direction, priorities established, and the financial big data, activate the chain block and the fourth industrial revolution compared to the financial platform to continue to further policy also seeks composition.
Financial support for the fourth industrial revolution, the next generation of future-related industries also get along greatly enhanced.
Artificial Intelligence (AI), autonomous cars, nanotechnology, 3D printing, including strengthening sustainable entrepreneurship finance for innovative new technologies to help young people to challenge willingly funding, the partnership between innovative companies and investors like the US Silicon Valley the venture has also agreed to create ecosystems that form.
That may occur as a consumer protection and financial security, such as the fourth industrial revolution dysfunction is planning to complement the technology industry to lag 4th Tech (RegTech) jikineunde enabled to take advantage of the financial regulation.
Jeongeunbo FSC Vice Chairman from said both meetings, finance information and communication technology (ICT), such as the convergence with other industries active and it is important to proactively respond the rate of innovation as a very fast "said" the financial impact of the fourth industrial revolution said the response to the challenges we will systematically excavated and organize them.
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