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Korea Securities Depository

Postal address BIFC, 40 Munhyeongeumyung-ro Nam-gu, Busan, 608-828
Tel. 82-51-519-1823
Fax +82 51 519 1619
E-mail contact@ksd.or.kr
Web-site https://ksd.or.kr/eng/

KSD was established in December 6, 1974 under the Securities and Exchange Act (later consolidated into the Financial Investment Services and Capital Markets Act).


Financial Investment Services and Capital Markets Act

Article 294 (Establishment) (1) The Korea Securities Depository shall be established in order to promote a centralized deposit of securities, etc. (referring to securities and others prescribed by Presidential Decree; hereafter in this Chapter, the same shall apply), transfer of securities between accounts, and settlement subsequent to transactions and smooth circulation. 

Name: Soonho Lee

Current position: Chairman & CEO Korea Securities Depository

Dr. Soonho Lee was appointed as the Chairman & CEO of the Korea Securities Depository (KSD) on March 3, 2023. Prior to assuming this post, he served as Senior Research Fellow at the Financial Institutions Research Division of the Korea Institute of Finance (KIF).

Dr. Lee’s career in finance started and matured at KIF between 2006 and 2023, addressing a broad range of topics encompassing bank insurance, digital banking, and consumer protection. During his years at KIF, he contributed to the advancement of economic and financial policies via numerous professional roles as an advisor, reviewer, and evaluator at the Credit Information Big Data Advisory Committee of the Korea Credit Information Services (KCIS) (2016-2022), the Regulatory Validation Committee of the Financial Services Commission (FSC) (2019-2023), and the Policy Research Review Board of the National Economic Advisory Council (2019-2022).

Dr. Lee earned his B.A. and M.A. in Economics from Seoul National University (SNU) in 1990 and 1992, respectively. He obtained his Ph.D. degree in Economics at University of Illinois Urbana-Champaign in 2006.

Shareholder

Ratio (%)

Korea Exchange

70.43

KOSCOM

4.63

Yuhwa Securities

3.35

NH Investment & Securities

2.9

Other (53 shareholders)

18.69

Functions provided under Capital Markets Act:

  • Deposit of securities
  • Book-entry transfer of securities
  • Settlement of transactions on the securities exchange
  • Settlement of transactions of over-the-counter transactions
  • Cross-border deposit and settlement
  • Transfer agent
  • Separate safe custody of securities

 

Function provided under other laws:

  • Registrar of public and corporate bonds
  • Tax withholding for securities transactions tax and special tax for rural development

 

Functions provided under Articles of Incorporation:

  • Collateral management for OTC derivatives transactions
  • Gold and precious metals deposit for futures and options transactions
  • Intermediation of securities lending and borrowing transactions
  • Management of secured call loan transactions
  • Provision of securities information
  • Repurchase agreement (repo) agent
  • Administration of securities certificate forms
  • Management of substitute securities for futures and options transactions

Membership in international associations

  • Asia-Pacific Central Securities Depository Group (ACG)
  • Association of Eurasian Central Securities Depositories (AECSD)
  • World Forum of CSDs (WFC)
  • International Securities Services Association (ISSA)