Choongsoo Kim: Harmonious operation of macroprudential and monetary policies, and challenges Speech by Dr Choongsoo Kim, Governor of the Bank of Korea, at the International Seminar on “Macroprudential and monetary policies”, Bank of Korea, Seoul, 8 April 2013. *  *  *  Good morning Let me bid a heartfelt welcome to you all from academia and research institutes attending this seminar.
In contrast to that, its benefits in the form of financial stability only unfold in the long term. However, new regulation is not the only challenge currently facing insurers in Europe. There is also the matter of advancing digitalisation. New competitors such as fintechs are entering the market. Established insurers need to adjust to stay successful.