• #Business and Management

This study examines the current status of Internet-Only banks in Korea and analyzes related laws to explore development strategies. Since the establishment of K-bank and Kakaobank in 2017, these banks have emerged as a new growth engine through the convergence of the information industry and finance, but face the challenges of industrial capital participation and maintaining the separation of industrial and banking capital. The current Special Act on Internet-Only Banks has eased ownership regulations, but corporate governance regulations are insufficient, necessitating the supplementation of ex-post regulations and policy alternatives along with ex-ante regulations.