본문 바로가기
KERD
논문KCI 등재

우리나라 금융감독체계로서 쌍봉형모델 도입의 과제: 호주와 네덜란드의 시사점을 중심으로

Tasks of Introducing a Twin-peaks Model for the Financial Supervisory System in South Korea: Implications from the Experience of Australia and Netherlands

0

조회

0

다운로드

0

인용

0

참고문헌

키워드

주제분류행정학

초록

본 연구는 쌍봉형모델의 도입에 따른 문제를 최소화하기 위해 호주와 네덜란드의 쌍봉 형모델 경험에서 나타나는 문제점을 살펴보았다. 그 결과, 건전성 감독기관과 영업행위 감독기관 간 협력, 감독기관의 독립성, 권한 범위, 그리고 규제방식, 감독기관 내부설계와 조직통합 등의 문제가 드러났다. 이 가운데 쌍봉형모델에 특정되는 문제는 감독기관 간의 관계로, 우리나라도 이에 대해 주목할 필요가 있다. 우리나라 쌍봉형모델 도입에 관한 논의에서 건전성 감독기관과 영업행위 감독기관 간의 관할권 설정, 정보공유, 충돌 해결을 위한 방식 등에 각별한 주의를 기울이고 있는 점은 이러한 측면에서 바람직하다. 하지만 해악으로만 취급되고 있는 두 감독기관 간 관할권 중복과 충돌이 오히려 효과적인 금융감독에 도움이 될 수 있다는 점도 유념할 필요가 있다.

Abstract

This study examined the problems of a twin-peaks model experienced in Australia and Netherlands in order to reduce problems following the possible introduction of the model in South Korea. Their experience revealed several problems including those in the relationships between prudential regulator and business-conduct regulator, the independence of regulators, scope of regulatory authorities, regulatory styles, intra-organizational design, and internal integration of regulators. Among these, the problem specific to a twin-peaks model is the relationship between prudential regulator and business-conduct regulator, which requires particular attention in South Korea. In this respect, it is desirable that discussions on the introduction of the model pay special attention to clarifying jurisdiction, facilitating information sharing, and avoiding conflicts between the two regulatory agencies. However, it is worth considering that jurisdictional overlap and conflicts between the regulators, which are merely treated as harm, may be conducive to effective financial supervisory system.

참고문헌 (61)

  1. 금융위원회, "금융감독체계 선진화 방안 국무회의 보고", 보도자료. 7월 23일자, ~ (2013)
  2. 금융위원회, "일부 언론의 금융소비자보호원 설치 무산 보도 관련", 보도자료. 6월 14일자, ~ (2016)
  3. 우리나라 금융감독 체계 개편 필요성 및 입법과제, "김경신", 국회입법조사처, ~, pp.NARS 현안분석제173호 (2020)
  4. 김대식, "통합금융감독기구의 변천과 향후의 개편방향", 금융연구, 10(1), pp.201~239 (2005), 한국금융학회
  5. 김홍기, "미국 도드-프랭크법의 주요 내용 및 우리나라에서의 시사점", 금융법연구, 7(2), pp.45~90 (2010), 한국금융법학회
  6. 김효연, "금융소비자보호 감독의 독립성과 입법정책과제", 이슈와 논점, 1 (2013), 국회입법조사처[DOI]
  7. 박선아, "금융감독체계의 개편에 관한 소고 - 21대 국회에 발의된 법안을 중심으로 -", 법과정책연구, 21(4), pp.259~284 (2021), 한국법정책학회[DOI]
  8. 금융감독 선진화를 위한 감독체계 개편 방안, "서울대학교 금융법센터", ~ (2012)
  9. 양기진, "금융감독체계의 개편방향: 감독기구의 구조설계를 중심으로", 금융감독체계개편방향. 국회입법조사처, 사단법인 은행법학회 공동주최 정책세미나 (2012)
  10. 원승연, "시스템리스크와 금융감독체계의 개편 방향", 한국금융학회 정책심포지엄 (2011)
  11. 이미란, "금융감독체계 개편 핵심은 ‘분리·축소’", 연합인포맥스. 5월 10일자, ~ (2017)
  12. 이용우, "금융위원회의 설치 등에 관한 법률 전부개정법률안. 의안번호 12937", ~ (2021)
  13. 이창호, "피감기관 재취업 물의 빚은 금융감독원", 스카이데일리. 10월 4일자, ~ (2012)
  14. 정경영, "금융감독체계의 문제점과 개선방안", 한국금융법학회 동계학술발표회 (2012)
  15. Memorandum of Understanding Between the Australian Prudential Regulation Authority and the Australian Securities and Investments Commission, "APRA", ~ (1998)
  16. Memorandum of Understanding Between the Australian Prudential Regulation Authority and the Australian Securities and Investments Commission, "APRA", ~ (2004)
  17. APRA, "Unit Pricing: Guide to Good Practice: Joint ASIC and APRA Guide", ~ (2008)
  18. Memorandum of Understanding Between the Australian Prudential Regulation Authority and the Australian Securities and Investments Commission, "APRA", ~ (2010)
  19. Aspinwall, Richard, "Conflicting Objectives of Financial Regulation", Challenge, 36(6), pp.53~55 (1993)
  20. Australian Treasurer, "Statement of Expectation to the Chairman of ASIC", ~ (2007)
  21. Bendor, Jonathan B., "Parallel Systems : Redundancy in Government" (1985), University of California Press
  22. Bennington, A. J., "Negotiating Order in Interorganizational Communication: Discourse Analysis of a Meeting of Three Diverse Organizations", Journal of Business Communication, 40(2), pp.118~143 (2003)
  23. Tools for Regulatory Quality and Financial Sector Regulation: A Cross-Country Perspective, "Black, Julia", OECD Publishing, ~, pp.OECD Working Papers on Public Governance No.16 (2009)
  24. The Rationale for a Single Financial Services Regulator, "Briault, Clive", ~, pp.FSA Occasional Paper No. 2 (1999)
  25. Quality of Financial Sector Regulation and Supervision Around the World, "Čihák, Martin", International Monetary Fund, ~, pp.IMF Working Paper. WP (2008), 08[DOI]
  26. Cooper, Jeremy, "Assessing the Present, Conceiving the Future", Assessing the Present, Conceiving the Future (2006)
  27. Demaestri, Edgardo, "Financial Supervision: Integrated or Specialized? The Case of Latin America and the Caribbean", Financial Markets, Institutions & Instruments, 14, pp.43~106 (2005)
  28. Overview of Financial Stability in the Netherlands. No.5, "De Netherlandsche Bank", ~ (2007)
  29. From Analysis to Action: Action Plan for a Change in the Conduct of Supervision, "De Netherlandsche Bank", ~ (2010)
  30. Dirks, K. T., "The Role of Trust in Organizational Settings", Organization Science, 12, pp.450~467 (2001)
  31. Financial Action Task Force, "Anti-Money Laundering and Combating the Financing of Terrorism: The Netherlands", FATF, 2011
  32. Financial Regulatory Reform Steering Committee, "Implementing a Twin Peaks Model of Financial Regulation in South Africa", ~ (2013)
  33. The Turner Review: A Regulatory Response to the Global Banking Crisis, "Financial Services Authority", ~ (2009)
  34. Georgosouli, Andromachi, "The FCA–PRA Coordination Scheme and the Challenge of Policy Coherence", Capital Markets Law Journal (2012)
  35. Hardy, Cynthia, "Strategies of Engagement: Lessons from the Critical Examination of Collaboration and Conflict in an Interorganizational Domain", Organization Science, 9(2), pp.217~230 (1998)
  36. The Failure of HIH Insurance: A Corporate Collapse and Its Lessons. Vol. I. Commonwealth of Australia, "HIH Royal Commission", ~ (2003)
  37. The Failure of HIH Insurance Volume III: Reasons, Circumstances and Responsibilities, "HIH Royal Commission", ~ (2003)
  38. Hill, Jennifer, "The Regulatory Aftermath of the Global Financial Crisis" (2012), Cambridge University Press
  39. Kingdom of the Netherlands-Netherlands:Publication of Financial Sector Assessment Program Documentation—Technical Note on Financial Sector Supervision: The Twin Peaks Model, "International Monetary Fund", IMF, ~, pp.Country Report No.11 (2011), 208
  40. Kane, Edward J., "Ethical Foundations of Financial Regulation", Journal of Financial Services Research, 14, pp.51~74 (1997)
  41. Krause, George A., "Does Agency Competition Improve the Quality of Policy Analysis? Evidence from OMB and CBO Fiscal Projections", Journal of Policy Analysis and Management, 25, pp.53~74 (2006)
  42. Twin Peaks: Experiences in the Netherlands, "Kremers, Jeroen", LSE Financial Markets Group, ~, pp.Special Paper 196 (2010)
  43. Cross-Sector Supervision: Which Model?, "Kremers, Jeroen", Brookings-Wharton, 225~243 (2003)
  44. Landau, Martin, "Redundancy, Rationality, and the Problem of Duplication and Overlap", Public Administration Review, 29, pp.346~358 (1969)
  45. March, James G., "Organizing Political Life: What Administrative Reorganization Tells Us about Government", The American Political Science Review, 77, pp.281~296 (1983)
  46. Medcraft, Greg, "Speech to Australian Prudential Regulation Authority Leadership Team by Greg Medcraft, Chairman of the Australian Securities and Investments Commission", Australian Prudential Regulation Authority Leadership Team Meeting (2011)
  47. Oppelaar, Hugo, "Financial Services: Regulators Reshape to Match Consolidation", International Financial Law Review (2005)
  48. Rethinking Regulation: Report of the Taskforce on Reducing Regulatory Burdens on Business. Report to the Prime Minister and the Treasurer, "Regulation Taskforce", ~ (2006)
  49. Final Report Volume1. Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry, "Royal Commission.", Commonwealth of Australia, ~ (2019)
  50. Approaches to Financial System Regulation: An International Comparative Survey, "Schmulow, Andrew", ~, pp.CIFR Paper No. 53 (2015), 2015
  51. Schmulow, Andrew, "Explainer: Who Will Be Doing What under South Africa’s New ‘Twin Peaks’ Model", The Conversation. May 8, ~ (2018)
  52. Senate Committees on Corporation and Financial Services, "Inquiry into the Collapse of Trio Capital", ~ (2012)
  53. Suchman, Mark C, "Managing Legitimacy: Strategic and Institutional Approaches", The Academy of Management Review, 20(3), pp.571~610 (1995)
  54. ‘Twin Peaks’: A Regulatory Structure for the New Century, "Taylor, Michael", Center for the Study of Financial Innovation, ~, pp.CSFI Paper No. 20 (1995)
  55. Uhrig, John, "Review of the Corporate Governance of Statutory Authorities and Office Holders" (2003), Commonwealth of Australia
  56. Wall, Larry D., "Financial Regulatory Structure and the Resolution of Conflicting Goals", Journal of Financial Services Research, 17(1), pp.223~245 (2000)
  57. Financial System Inquiry: Final Report, "Wallis Committee", Australian Government Printing Company, ~ (1997)
  58. West, William F, "Searching for a Theory of Bureaucratic Structure", Journal of Public Administration Research and Theory, 7, pp.591~613 (1997)
  59. Wymeersch, Eddy, "The Structure of Financial Supervision in Europe: About Single Financial Supervisors, Twin Peaks and Multiple Financial Supervisors", European Business Organization Law Review, 8 (2007)
  60. Yang, Tung-Mou, "Information-sharing in Public Organizations: A Literature Review of Interpersonal, Intra-organizational and Inter-organizational Success Factors", Government Information Quarterly, 28, pp.164~175 (2011)

관련 논문AI추천

이 간행물의 다른 논문 (5건)