On the 28th, the Financial Supervisory Service announced that it has revamped the registration management system digitally to support new entrants in the financial investment industry.
Under the current system, applicants must prepare a written registration application and supporting documents, then visit both the Financial Services Commission and the Financial Supervisory Service in person to submit them. Starting from the 29th, applicants will be able to submit the registration application all at once through the Financial Supervisory Service's website using the revamped system.
Additionally, the Financial Supervisory Service plans to standardize the registration application forms and supporting document formats, which vary by company, and establish a 'paperless' review system that allows electronic input of each item.
The Financial Supervisory Service will also improve the process by automatically detecting missing or incomplete submission materials during the review process for prompt handling. Specifically, it plans to build a feedback system linking internal and external systems to connect review tasks with supervision and inspection tasks. This includes enabling immediate verification of the review subject's disciplinary history during the review process and automatically reflecting review information in the supervision information system.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
