01804cas a2200241 a 4500 AALejournalIMF021256 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513556987 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Monetary and Capital Markets Department. Republic of Korea : Financial Sector Assessment Program-Technical Note-Insolvency and Creditor Rights. Washington, D.C. : International Monetary Fund, 2020. 1 online resource (22 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The Korean insolvency and creditor rights framework is complex and has undergone several reforms in recent years. Consistent efforts to enhance the efficiency and effectiveness of the insolvency system have been made since the Asian crisis by the multiple government agencies that oversee the functioning of the insolvency framework in Korea. This note summarizes the key findings of the analysis of select aspects of the Korean insolvency and creditor rights system against the international standard.2 While the framework for personal insolvency is also discussed (See Annex), its analysis is not prescriptive, as there are no international best practices in this area. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2020/276 Full text available on IMF http://elibrary.imf.org/view/journals/002/2020/276/002.2020.issue-276-en.xml IMF e-Library