THE FINANCIAL SYSTEM OF SOUTH KOREA: THE MAIN COMPONENTS
( Pp. 52-56)

More about authors
Olga V. Protopopova Cand. Sci. (Law), Associate Professor of the Department of Civil Law and Procedure, Business and International Private Law
Peoples’ Friendship University of Russia named after Patrice Lumumba
Moscow, Russian Federation
Abstract:
The article notes that the economy of South Korea is the 4th largest in Asia and the 11th largest in the world. The financial system of South Korea includes: 1) Financial Markets, 2) Financial Institutions, and 3) Financial Infrastructure. Korea uses an integrated financial supervisory system, in which the Financial Supervisory Service (FSS) controls almost all financial institutions in the country. The structure of financial supervision in Korea has undergone major changes after the financial crisis in Asia in 1997.
How to Cite:
Olga V.P., (2019), THE FINANCIAL SYSTEM OF SOUTH KOREA: THE MAIN COMPONENTS. Gaps in Russian Legislation, 3 => 52-56.
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