(1) Actualization of upper limit of supervision contribution in relation to collective investment properties (Article 12.1 of draft for amendment)

ㅇ The standard for the collective investment properties to be operated by financial companies is added to the standard for the total assets of financial companies as the governing index for the upper limit of supervision contribution.

 ㅇ The upper limit of contributions of financial companies is changed to “0.15% of the total assets” or “0.03% of the sum of collective investment, delegated, and trust properties,” whichever is larger.

* Standard ratio of total assets and collective investment properties by referring to cases of the Act on Corporate Governance of Financial Companies.

(2) Amendment of the standard for repayment of supervision/issuance contribution (Article 12.4 of draft for amendment)

ㅇ The “income surplus (income settlement - income budget)” in numerical difference of the Financial Supervisory Service shall be repaid to the supervision contribution payment agency in full.

 ㅇ The “non-disposable amount (income budget - expense settlement)” shall only be repaid in proportion between the issuance contribution payment agency and supervision contribution payment agency.

(3) Clarification of legal basis for additional contribution collection (Article 12.1 of draft for amendment)

ㅇ “Level requiring additional inspections due to deterioration of financial soundness and financial accidents, etc.” is added as a factor to be considered when determining the contribution rate of each financial company. 

 ㅇ Additional supervision contribution (= additional contribution rate) may be imposed in accordance with the regulations on contribution collection based on these amended regulations.