This 2004 Article IV Consultation highlights that from 1999 to 2002, Korea’s economy grew rapidly, by an average of 71 …

This Selected Issues paper on the Republic of Korea reviews near-term economic prospects and risks. Korea experiences … solid growth with low inflation, and vulnerabilities to potential shocks appear low. With Korea aging at an almost …

This 2007 Article IV Consultation highlights that the Republic of Korea is enjoying its longest uninterrupted period of …

EXECUTIVE SUMMARY Korea has a well-developed payment, clearing, and settlement infrastructures. BOK-WIRE+ is the real … markets are settled. It is operated by the Bank of Korea (BOK). The Korea Exchange (KRX) is the main player in the securities …

information have been removed. Since 2011, Korea also applies the Korean International Financial Reporting Standards (K-IFRS) that …-deliberation committees at various levels. Self-regulatory organizations-the Korea Exchange (KRX), the Korea Financial Investment Association …

SUMMARY, KEY FINDINGS, AND RECOMMENDATIONS The Republic of Korea has a moderate level of compliance with the Basel Core … need to be addressed and although the Republic of Korea counts with a strong-albeit overly complex-regulatory framework and … with thorough supervisory practices, a number of areas require attention so that the Republic of Korea can meet the highest …

Korea experienced significant financial distress in the late 1990s along with some of its Asian neighbors. The … 2007�08 helped them establish a broad crisis management framework in Korea. Improving and formalizing the framework for … Supervisory Service (FSS), Bank of Korea (BOK), and Korea Deposit Insurance Corporation (KDIC) as members, and by including crisis …

The financial stability assessment under the Financial Sector Assessment Program (FSAP) for Korea was carried out in … close collaboration with the authorities. The assessment included top-down (TD) and bottom-up (BU) stress testing of Korea … the Bank of Korea (BOK), complemented by macroeconomic projections from the BOK's macroeconomic model. These were …