Financial Conglomeration in the East Asian Region: Recent Trends and Implications for Financial Market Development  
Project Leader:  Dr. Marissa Garcia
Funding Agency:  Korea Institute of Finance (KIF)
Duration:  July 2006 to October 2007

This study aims to achieve the following objectives:
      ● Review the overall financial market structures, impacts of financial conglomeration emerging mostly from Western economies, and
          specific  structures and features of recently expanding financial conglomeration in some East Asian economies.
      ● Analyze the backgrounds and current statuses of financial conglomerates in each country, and analyze the benefits of and problems
          relating to the progress of financial conglomeration in both national and regional contexts.
      ● Identify appropriate policy measures needed to maximize the advantages of financial conglomerates while maintaining the stability of
          financial markets and systems, particularly through the strengthening of the prudential supervision over financial conglomerates.