"Regulatory Innovation" will make the easing of Internet banking … Always,

Recently, discussions on "easing the segregation of money" continued due to the sluggish performance of the internet bank. Kay Bank and Cacao Bank are calling for easing regulations on segregating money for growth. The photo shows the launching ceremony of each company last year. / The factual DB

"Need to develop the financial industry" against "Financial independence should be protected"

[더팩트ㅣ이지선 기자] It aims to revitalize the professional banks on the Internet (Internet banks) and l 39; pin-tec industry by facilitating the separation of money and promote "innovation" of the entire financial industry.

On February 27, it was reported that the government relaxed the regulations on the separation of money from the government, which took place at the second inspection meeting on regulatory reforms in the presence key government officials on the 27th of last month.

The segregation of money is due to the fact that industrial capital has a stake in the banking sector. It is a restriction system. Under the Bank Act, industrial capital can only hold 4% of the voting shares of a bank, so large corporations can not run a bank. Tong Yang Securities & 'Savings Bank Failure Operation & # 39; as non-financial corporations use the funds of the bank to prevent the collapse of banking management has been prepared.

The separation of money has been considered a "stumbling block" in the growth of Internet banks. The Internet bank is experiencing difficulties in increasing its capital base because it is difficult to raise capital for capitalization purposes,

K-bank and cocoa bank, which are Internet banks, are KT and Cocoa, respectively, because they're industrial capital.

On December 12, K-bank did not capitalize 150 billion KRW, and the capital of 30 billion KRW was invested in the capital. Indeed, the IT and ICT companies, shareholders of the merger, could not buy other holdings.

chairman of the final district finance committee pushes for easing the segregation of money, and the voice of opposition is still strong in civic groups and part of the ruling party. / The fact DB

Cacao Bank was also entitled to a voluntary capital increase because of the separation of money. At the time of the first capital increase, 8% of the rights holders were owned by Korea Investment Holdings Co. In April of last year, when the capital increase of KRW 500 billion was made, the Korean investment bank was also in power, so the cocoa was converted into non-voting preferred shares and acquired the rights.

As this situation continues, Internet banks are resorting to easing the segregation of money. K-bank said: "In the situation where the holding share is limited, not all shareholders are in the watermelon when the shareholder does not participate in the capital increase." In order to create a context to merge with the ICT industry, "he said.

The finance minister of the final district also showed a positive reaction to the easing of the segregation of money. of the debate on the "1 year of implementation and the future challenges of Internet banking" organized by the Democratic Party of Democratic Party on March 11, Mr. Choi said: "We must regulate regulation at the international level, It was said that it was said.It is necessary to deregulate in order to generate growth of innovation through the development of PinTech industry.

However, the voice against the easing of the segregation of money still exists e) The fear that the independence of finance itself could be compromised if it allowed industrial capital to become the largest shareholder of the bank.

An official of the Economic and Financial Center of Solidarity for citizen participation of the citizens' group said: "The easing of the segregation of money from the Korean banking system is likely to facilitate the segregation of the Money in commercial banks in the future. "This is a principle that must be followed to prevent the concentration of economic power in chaebol and large corporations."

Unions Domestic financial industry also express their opposition.The financial union said: "The poor performance of Internet banking is not due to the restriction of the separation of net worth, but by the way that there is no innovative service to attract investment. "He said.

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