The National Assembly failed to adopt the confirmation hearing report for Bank of Korea (BOK) governor nominee Shin Hyun-song, Friday, with objections from opposition parties centered on legal concerns over his daughter’s nationality and passport. Rival parties agreed to revisit the issue Monday. The National Assembly Strategy and Finance Committee had already postponed adoption once on Wednesday, the day of Shin’s confirmation hearing, marking the first such delay since the introduction of the parliamentary confirmation system for BOK governors in 2014. Despite renewed discussions on Friday afternoon, lawmakers remained divided and failed to adopt the report. Rep. Lim Lee-ja of the main opposition People Power Party, who chairs the committee, said, “The BOK governorship is too critical to be left vacant, yet some lawmakers oppose adopting the report. Public concerns over the allegations cannot be dismissed, even given Shin’s international reputation.” Shin previously served as head of the Monetary and Economic Department at the Bank for International Settlements, after building
