At the board of directors meeting held on June 3, it was resolved to propose the establishment of a new membership category, 'Associate Member,' aimed at supporting corporations that are about to start a financial instruments intermediary business, as an agenda item for the general meeting of members to be held on June 19. This 'Associate Member' category is intended for corporations to be enrolled during the preparation period before receiving registration as a financial instruments intermediary business (corporation), and to provide support for their preparations. There are many issues that need to be resolved, such as finding consignment securities companies, applying to authorities, and for those entering from other industries like the insurance industry, compliance systems and recruitment. 'Associate Members' will have opportunities for 'Full Members,' who are experienced in these matters, to respond to these issues (e.g., visits to full member companies), as well as participate in training on the goal-based approach conducted for full members, seminars on the latest industry trends, seminars and conferences inviting lecturers from the Financial Services Agency and other organizations, and opportunities to build horizontal connections with other members. Upon registration as a financial instruments intermediary business (corporation), the membership type will be changed to 'Full Member,' and they will participate in the association's activities as a member. We believe that the establishment of the 'Associate Member' category will facilitate smooth and appropriate entry into the financial instruments intermediary business and contribute to the development of the financial instruments intermediary industry.

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  • Source: PR TIMES
  • Category: News