The ACIIA Chairman, Dr.Yashuhiro Maehara, visited Korea from September 18 to 19, 2017. He was invited by Mr. Kwha Hyun Hur, Chairman of the Korea Analysts Association(KAA), to attend the FNTimes Investment Forum 2017 held on September 19 in Seoul. Dr. Maehara paid a visit to the office of the KAA located in the center of financial district in Seoul and had a meeting with Mr. Hur.
During the meeting, Dr. Maehara was briefed on the recent reorganization of the KAA, which was approved by the Korean government in July 2017. Consequently, the KAA was given a favorable opportunity to expand its organization, and this will pave the way for as many as approximately 1,000 securities analysts in the securities companies to join the KAA as its new members.
In Korea, the analysts at securities companiesare required to pass the analyst examination that has been conducted so far by the Korea Financial Investment Association(KOFIA), a non-government self-regulatory organization, andhave to register with the KOFIA before beginning to work as qualified analysts. After July 2017, these analysts canjoin the KAA as a new member.