섹션

[전문]" MSCI, 한국 선진지수 편입 불허"

MSCI는 21일(현지시간) 홈페이지에 공개한 2010 연례 시장 지수 조정을 위한 리뷰 결과를 통해 한국의 선진지수 편입을 위한 변화가 충분하지 않으며 "한국을 신흥시장지수에 유지키로 한다"고 밝혔다. 다음은 한국부분 성명내용이다.

Korea: MSCI will maintain the MSCI Korea Index in Emerging Markets. The MSCI Korea Index will remainunder review for a potential reclassification to Developed Markets as part of the 2011 Annual Market Classification Review.
Korea continues to meet most developed markets criteria of the MSCI market classification framework, notably economic development, market size and liquidity and many aspects of the market operational
framework are at the level of developed market standards. However not all criteria are met and international institutional investors continue to express concerns related to certain important accessibility issues for Korea.
Some changes have come into effect over the last few years, but their impact remains insufficient to meet developed market standards according to the assessment of a number of market participants.

For example,
the removal of the real demand principle has provided investors some flexibility in the currency operations, but in the absence of an active offshore market for the Korean won and with the limited trading hours of the
onshore spot currency market, investors are still required to pre-fund their trades. The decision to abolish restrictions on local banks to lend funds to international investors for securities investments is a positive development which will be tested by investors after it takes effect in November 2010.

MSCI also hopes that the Korean authorities will continue to focus their attention on improvements to the investor accessibility issues linked to the rigidity of the ID system in particular for the use of omnibus accounts, off-exchange block trades and in-kind transfers. Finally anti-competitive practices have not been eliminated: the provision o