[Background]
After the amendment of the Capital Markets Act Enforcement Decree in 2017, there was a need to specify detailed systems for the Integrated Management Account (IMA), which had no actual operating cases, in order to encourage the active use of IMA as a corporate financing tool for investment firms and a new investment product for investors.
[Regulatory Content]
Regulate the operational standards for large securities firms designated as investment firms with a 8 trillion won designation to comply with IMA-related limits, restrictions on proprietary trading and transactions with own assets, maturity limits, loss compensation obligations, and the obligation to comply with market value assessments when additional subscriptions or cancellations occur.