BOK nominee’s foreign-heavy assets draw conflict concerns

Bank of Korea governor nominee Shin Hyun-song holds more than half of his assets overseas, with nearly all of his financial assets denominated in foreign currencies — a structure that is drawing scrutiny over possible conflicts of interest related to exchange rate policy, data showed Sunday. According to a disclosure submitted to the National Assembly, Shin and his immediate family hold total assets of 8.24 billion won (6.1 million), of which 4.59 billion won, or 55.5 percent, is held overseas.