This paper aims to provide the necessity to activate long-term exchange-traded derivatives (ETD) in Korea. In the era of aging, low interest rates and low economic growth, the investment demand for long-term financial products, and its hedging demand have steadily increased. Unfortunately,...

Internal controls mean an internalized version of otherwise imperfect external controls that include supervision and regulations. Developed nations such as the US and UK have long facilitated financial firms to bolster their internal controls as part of their drive for ethical management and...

Although securities firms have played a pivotal role in the development of capital markets, in-depth research on financial soundness regulations that have the greatest impact on their business activities has rarely been undertaken. Since its first introduction to Korea in 1997, the previous Net...