FSS, against TF activation enforce new standards next year's earnings

[Korea goyounghun financial newspaper reporter] Financial Supervisory Service to activate the Task Force (TF) meeting for a pre-emptive response ahead of K-IFRS No. 1115 performed the new income standards in force next year.

FSS and the Korea Accounting Standards circle has been expended in the effort to spread the main content of the publicly traded companies sinsuik standards, practices and impacts, including the need to prepare thoroughly prepared for the new revenue standard.

Sinsuik standards is a major step 5, the main point is the accounting treatment of revenue recognition model to recognize revenue from contracts possible analysis applies to all types of trading agreements. FSS is expected to pass an argument to quickly identify the relevant issues of corporate accounting difficulties, and activate the settlement support TF meeting results such authorities. Based on revenues also check the appropriateness of introducing readiness and disclosures about the major influence.

Through this sector, including practitioners of corporate meetings and surveys identify readiness and major accounting issues, including small businesses quickly and excavated issue is expected to raise countermeasures discussed in the settlement support TF.

TF meeting was a total of five times, beginning with the first meeting last August, a period once a month. Members of the committee, including the 9 May causal observer.

FSS official said, "will be published as soon as examine whether the financial statements are related to the appropriateness of disclosure standards introduced sinsuik reflect the necessary control business."



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New World Duty Free, reports David Moody Digital Awards

[Korea gimeunji financial newspaper News] New World Duty Free in the last 10 days the global duty free industry professional media, "reports David Moody ''s most impressive digital advertising, digital awards in the proceeding was named best company in the sector.

David Moody's report is known as the world gwonwiji to the magazine started in England in 2003, duty-free and travel retail area. Digital Award of the Year four times a second opposite David Moody reports the ceremony is the selection of the airport and airport-commerce partners within the social media, digital media, leveraging excellent company.

This year, 133 companies went up in the world of digital activities are audited over a total of 21 categories were comprehensive duty-free, digital, mobile and social media activities of food and beverage companies across the airport.

Each award companies △ quantitative assessment (paensu of SNS channels, likes, etc.) and engagement evaluation Mutual indicators such as communication and relationships with customers △ visual assessment (visual quality, creativity and execution excellence, etc.) △ content investment quality △ △ cost-effectiveness was evaluated in six criteria, including impact on tourist experience.

New World Duty Free has received high marks in the areas of digital advertising LED myeongdongjeom 10-storey iconic John was selected as "the most impressive digital advertising" excellent enterprise sector. Was recognized that the implementation of the 360 ​​channels by Creative Advertising in the room, including figured that expresses the 'Duty-free world "concept as a unique advertising area.

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Park, Jung - Ho, 5G communication technology lead over barriers between countries

The president of the Park, Jeong - Ho - Korea ohahreum financial newspaper reporter] SK Telecom to develop core technologies that can be used 5G advanced communications services beyond the barriers between countries and started up the motor for global 5G services.

SK Telecom, Deutsche Telekom (Deutsche Telekom, CEO team hoeteu Vieques) - Ericsson (Ericsson, CEO Bor in Eck Home) and cooperation through 5G network infrastructure of the core "business-network Slice works (Federated Network Slicing) 'technology in the world first developed and has succeeded in demonstrating 5G Institute in Germany, the Deutsche Telekom said 15 days.

"Network slices interlocking 'technology is 5G core technology that allows you to receive this in conjunction with a virtualized network overseas carrier by service customers provide quality network services such as domestic when using 5G services such as AR · VR in other countries .

It is also expected when the technology is introduced developers are Connected Car · IoT, etc. When developing a service eliminates the need to adapt to different network environments by country, company development costs are lowered due to be also enabled Global Service develop a 5G-based.

SK Telecom has developed as a "network interworking slice" technology standardization in full swing at the time of the discussion, saying 5G interest and cooperation among global carriers request itttareugo explained that it plans to offer a 5G standard for future 3GPP.

The demonstration held last Tuesday (July 14) at Deutsche Telekom 5G laboratory in Bonn based on it after connecting 5G Infrastructure SK Telecom built on 5G infrastructure and Yeongjongdo BMW Driving Center of Deutsche Telekom "Network slices interlocking 'technology as it were, without delay, remotely-controlled robot AR specialists scattered all over the world presented the appearance of a successful aircraft component repair.

Previously Connected Car · IoT, such as when building the network take advantage of the service need to build a separate network equipment for each service, as well as to take a lot of hard cost-effective road network management. 5G this era of data transfer and the type of service the explosion, the network virtualization has emerged as a core technology.

SK Telecom last after 2015 the world's first core network to a "network Slicing" technology Ericsson joint development of separating into multiple virtual network, this time a full-fledged global 5G network by successfully to integrate this technology beyond national barriers stand was one step closer to construction.

SK Telecom choejinseong General Technology Director and "5G is not simply to provide a high speed, to provide immersion in service did not experience the original, regardless of the physical location of the customer reliably," said, "carrier, cross-platform sharing based on this collaboration, the network interlock slice 'said the technology will accelerate the introduction of a 5G-based global service development. "

Deutsche Telekom Bruno Jacco page Gotta present (Bruno Jacobfeuerborn) CTO has said "The customer wants to provide you with quality services in a consistent, regardless of physical location," "that this technology will be a high level of service wherever the customer he said it would be a starting point. "

Balson Ericsson Wolf (Ulf Ewaldsson) CSTO is' network Slice interlocking technology is the core technology, "said the 5G connecting all industries" the world's first intercontinental network Slice interlocking technology at this time is to provide the best service to customers worldwide He said that would be based. "



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One financial investment, ELS, such as recruiting a total of five kinds comparing two coupons

[Korea financial newspaper nine hyerin News] One Financial investments during the higher total of five kinds of derivatives products such as Better Choice ELS to pay interest coupons compared to two coupons for early repayment time of 17 days at 1 pm recruit up to 30 minutes said that 15 days.

First, Hong Kong Index (HSCEI), the European Index (EuroSTOXX50) the underlying asset prepayment conditions are met during annual 4.70% coupon and the two underlying assets of the early repayment time basis and a lower index rate of rise of 50% off of the higher interest rate of coupon the recruits 'one financial investment ELS 6856 times' to pay. Compare features and pays a coupon of two coupons from the higher interest rates, and sell only products of the new structure HFG investment. Maturity given the opportunity to repay a total of six times every three years and six months. Repayment terms is more than 90% of the first reference value (1-2 phase) / more than 85% (3-4 J) / 80% or more (5 car ~ maturity) and is dissolved is 50%.

In addition, the Hong Kong recruitment index (HSCEI), the European Index (EuroSTOXX50), 'a financial investment ELS 6853 times' that the US indices (S & P500) pursue the underlying asset annual coupon of 3.60%. Maturity given the opportunity to repay a total of six times every three years and six months. Repayment terms of more than 90% of the first reference value (primary) / more than 85% (second) / 80% or more (3-5 J) / 65% (maturity) is not dissolved. However, it is characterized by Lizard ELS is designed to be repaid early if the price of the underlying asset has never fallen below 60% of the initial reference price being paid a coupon of 5.40% 1 year open day to be liquidated during the year.

Recruit the US indices (S & P500), Hong Kong Index (HSCEI), 'a financial investment ELS 6854 times' to pursue annual coupon of 5.00% for Europe Index (EuroSTOXX50) as an underlying asset. Maturity of 3 years and jimyeo reimbursement opportunities for a total of six times is given every six months, repayment terms are more than 90% of the initial reference price (1st) / 85% (2-4 cars) / 80% (5th-maturity )to be. It is dissolved in 45%.

Hong Kong Index (HSCEI), should also recruit "one financial investment ELS 6855 times' to pursue annual coupon of 6.10% for Europe Index (EuroSTOXX50) as an underlying asset. Maturity of 3 years and jimyeo reimbursement opportunities for a total of six times is given every six months, repayment terms are more than 90% of the initial reference price (1st) / 85% or more (2-3 cars) / 80% (4 cars - 5 a car) / 70% (maturity). Dissolve 2 Index ELS is characterized in that the underlying asset is a 60% reduced to two.

Finally, Gold (Gold), the (Silver), should also recruit "one financial investment DLS 1778 times' to pursue an annual coupon of 5.80% for Europe Index (EuroSTOXX50) as an underlying asset. Maturity given the opportunity to repay a total of six times every three years and six months. Repayment terms of more than 90% of the first reference value (primary) / more than 85% (2-4 J) / 80% or more (5th) / 70% (maturity) is dissolved in 45%.

Recruitment is a limit to 3 billion won each, product subscriptions can be subscribed to at least 100 million yuan, 100 units won. Each coupon of derivatives products is not an established revenue, loss of principal may occur depending on the operating results or moderate buyback.



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Meritz Securities' Samsung Securities, super IB-related revenue visibility required time "

[Korea goyounghun financial newspaper reporter] said Meritz Securities Investment Bank would need time to find the IB-related revenue as a giant, Samsung Securities business for 15 days.

4Q11 net profit at Samsung Securities fell 49.1% compared to 25.5 billion won was just before the quarter rose 15.0% year-on-year. This performance is lower than 35.0%, respectively merijeu Yang Securities estimates and consensus, 44.2%.

Meritz Investment Bank Securities Kim Go-Eun researchers "bond valuation losses occurred due to rising interest rates and ELS-related hedging costs are a major cause of performance decrement" and "honor severance pay about 90 billion to one-off factors and real estate disposal gains of about 20 billion won has occurred IB revenue rose to 12.3 billion won, "said diagnosis.

It was analyzed that because Samsung Bio-Logics, courses Mecca Korea and other large public companies performed Dill ECM (Equity Capital Markets) related to revenue generation was 5.9 billion won.

Kim researchers "had met the giant IB requirements with capital increase of the scale 350 billion won related income it takes time," he said "The WM competitive outstanding issue commercial paper sales issues, but need to invest more than 50% of the relevant funds in corporate finance and other large companies less than IB-related profit share, "he decided.



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