금융위기 이래 금융감독 개편 추세와 시사점- 영국형 감독체계의 한국 적합성 여부-

Since the financial crisis, there has been considerable arguments in Korea for ​​the reorganization of the current Korean financial supervisory system, due to the need to strengthen macro-prudential supervision and financial consumer protection. Some of the voices strongly advocated the introduction of a supervisory system based on the British and Australian supervisory system, so-called the twin peak system or function-based supervisory system; the Korean National Assembly has made a number of proposals for revision of relevant laws. During the current post-crisis period, the reform of the macro-prudential supervision system and the strengthening of financial consumer protection have been discussed as important issues. In the discussion on the restructuring of the financial supervision system in Korea, especially the latter has become a hot potato. In Korea, there has been a debate about the reorganization of the current system (integration type) into a function-based one (twin peaks system). This paper examines the restructure of the supervisory systems of major countries into function-based supervisory system since the financial crisis. As a result, it is hard to say that there is a tendency of reorganization into specific supervisory system despite some emphasis on macro-prudential supervision since the financial crisis. It is hard to say that a specific supervisory system is optimal for macro-prudential supervision of which purpose is financial stability. Furthermore, even in the UK after the reorganization of its supervisory system, financial consumer protection failures still continue to emerge. In light of the above, Korea needs to complement its current system by supplementing its weakest point of little political independence and the more, which is important for the success of Korean financial supervision.