종금사에 대한 규제감독과 외환위기 발생

• 영문명: The Weaknesses in the Financial Supervisory and Regulatory system of Korea's Merchant Banks before the Currency Crisis of 1997
• 발행기관: 한국경제연구원
• 저자명: 최두열(Doo-Yull Choi)
• 간행물 정보: 『한국경제연구원 연구보고서』연구보고서 (2001), 11~104쪽, 전체 103쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2001.02.01

영문 초록

This study looks into the financial regulatory and supervisory system of Korea's Merchant Banking Corporations prior to the currency crisis of 1997, which is regarded as one of the most important factors that led to the deterioration of Korea's financial system. The results of this study show that prudential regulations and financial supervision on Merchant Banking Corporations were out of date and lacked strictness in many aspects such as licensing requirements, capital adequacy ratio, credit concentration, foreign exchange liquidity requirements, off shore investments, risk managements, and others. Behind those outdated prudential regulations and loose supervision lies the anachronistic paradigm throughout the system, even in the modem era of foreign exchange liberalization, that the domestic currency and the foreign exchange business are totally separate and independent of each other. We argue that the outdated prudential regulations coupled with loose supervision appears to be the main factor that led to the deterioration of the management of Korea's Merchant Banking Corporations, making Korea's financial system even more fragile before the outbreak of the currency crisis.

목차

제1장 서론

제2장 종금사의 성장과 업무내용

제3장 종금사에 대한 금융규제와 감독

제4장 결론

참고문헌

부록

ABSTRACT