Frontiers in Finance | KPMG | KR

Frontiers in Finance

Frontiers in Finance

The global economy is undergoing rapid change. Not only are the size and speed of the change increasing but the complexity of the economic change is also increasing. The changes in the external environment are engendering new challenges and issues to the financial service industry in various aspects.

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The global economy is undergoing rapid change. Not only are the size and speed of the change increasing but the complexity of the economic change is also increasing. The changes in the external environment are engendering new challenges and issues to the financial service industry in various aspects.

First, new issues and challenges arise in the technical aspect. 

Second, the prolonged low interest rate period has become an issue of global phenomenon. 

Lastly, there are issues regarding the financial authorities’ reinforcement of regulation, financial institution’s buildup of risk management capabilities and a diversification of financial consumers’ needs. 

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