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BOK chief becomes first Asian to chair BIS committee
- Bank of Korea Gov.
- Shin Hyun-song has been appointed the chair of a key international payment standards committee under the Bank for International Settlements, becoming the first person from outside the US and Europe to lead the body, the central bank said Tuesday.
- Shin will head the Committee on Payment and Market Infrastructures, which develops international standards to ensure the safety and efficiency of payment systems and financial market infrastructure.
- "What makes the CPMI particularly s
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