한국은행법의 적격담보 규정에 대한 연구 : 금융기관 대출채권과의 관계를 중심으로

In response to the recent financial crisis, central banks around the world are examining whether the current system can provide sufficient liquidity and are working to improve the system. The Bank of Korea(BOK) is also considering the need to utilize bank loans, which are less marketable and liquid assets, as eligible collateral for the BOK’s lending program. In order for the BOK to utilize bank loans as eligible collateral, the following points need to be considered:① When the central bank sets collateral, (i) conservative collateralization is required to prevent loss risks, and (ii) an expanded range of collateralization may be required to actively respond to the financial crisis; ② The BOK has been gradually expanding eligible collateral since the 2008 financial crisis, but the expansion has been slower and the scope of eligible collateral has been narrower than that of other major central banks; ③ The Bank of Korea Act requires eligible collateral assets to be securities, which makes it difficult to use bank loans as collateral directly. Therefore, in order for the BOK to respond to the financial crisis in a timely and sufficient level, it is necessary to amend the Bank of Korea Act to allow the BOK to directly utilize bank loans as collateral.