• The Journal of Asian Finance, Economics and Business
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• v.7 no.12
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• pp.63-72
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• 2020

Shadow banking in China has been growing rapidly; banks use wealth management products aggressively to evade regulatory constraints. The loan-to-deposit ratio or LDR targets both sides of the balance sheet; loans in terms of asset-side, and deposits in terms of liabilities-side; banks needed to control and maintain both sides. Regulators restricted Chinese banks to maintain a 75% limit for their loan-depositratio. Banks' needed to either lower their loans or increase the deposits; WMPs helped banks to evade this limit. Banks issue more WMPs to control and manage a 75% statutory ceiling LDR. This WMPs-LDR positive association disappeared post-2015 period. This study empirically examined how Chinese banks use WMPs issuance to avoid regulatory constraints. Quarterly panel data for 30 top Chinese banks were used by analyzing pre-2015 (during the 75% LDR limit) and post-2015 (after removal of the LDR limit). This study also performed fixed-effects model as recommended by the Hausman specification test, with feasible generalized least squares FGLS estimation technique. The results of this study show that for the pre-2015 period, Chinese banks use issuance of WMPs aggressively to manage their LDR limit; this WMPs-LDR relationship disappeared post-2015 period. Moreover, SMBs use WMPs more eagerly as compare to Big4 banks.

• Journal of Electrical Engineering and Technology
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• v.9 no.1
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• pp.80-89
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• 2014

A stochastic optimal power flow (S-OPF) model considering uncertainties of load and wind power is developed based on chance constrained programming (CCP). The difficulties in solving the model are the nonlinearity and probabilistic constraints. In this paper, a limit relaxation approach and an iterative learning control (ILC) method are implemented to solve the S-OPF model indirectly. The limit relaxation approach narrows the solution space by introducing regulatory factors, according to the relationship between the constraint equations and the optimization variables. The regulatory factors are designed by ILC method to ensure the optimality of final solution under a predefined confidence level. The optimization algorithm for S-OPF is completed based on the combination of limit relaxation and ILC and tested on the IEEE 14-bus system.

• Environmental Analysis Health and Toxicology
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• v.24 no.3
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• pp.261-270
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• 2009

To make measurable regulatory decisions of chemicals, it is necessary to consider their effect on the human health and ecosystem. In principle, this is based on relevant toxicity studies conducted by accepted guidelines. However, current regulatory programs in various countries confront challenges related to risk assessment of large numbers of chemicals within the restricted resources and time. Therefore there is a need for more efficient approach to limit the number of tests to be conducted. This promotes the development of powerful nontesting methods (e.g. (Q)SARs) and permits to use the predicted data for regulatory purpose. In this article, current status of non-testing methods in various chemical regulatory programs was reviewed in terms of their application and research activity on them. Finally, their usefulness associated with development of domestic regulatory program was suggested.

• Journal of the Korean Society of Systems Engineering
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• v.20 no.1
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• pp.1-15
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• 2024

This study attempted to analyze whether the government's regulatory innovation efforts affect the continued operation of new products and new service-based businesses, such as regulatory compliance and response efforts, despite the perception of regulatory difficulties as business barriers for firms in new industries. Previous studies on the impact of regulations on companies in new industries were a limit to obtaining implications for regulatory issues and characteristics of each field due to the simplification of regulatory indicators and the establishment of field integration. To compensate for this, this study focused on the field of AI and DATA services, and subdivided regulatory issues to indicate practical inconvenience as variables, and model fit and hypothesis verification were performed by applying Structural Equation Model analysis based on the survey results of related companies. As a result, in the field of AI and DATA services, "Perceived regulatory irrationality" and "Perceived government regulatory innovation efforts" significantly affect the "Regulatory environment satisfaction" of the regulated, and "Perceived regulatory irrationality" and "Regulatory environment satisfaction" affect "Regulatory response efforts for companies in new industries to continue their businesses." The significance of this study is that it conducted research on the factors affecting the continuity of business of companies in the AI and DATA service sector by linking the analysis of the impact relationship between satisfaction and continuous use intention, which have been mainly used in the "Policy Acceptance Model" and "IT service sector," to "efforts for companies to continue their business in a new industrial regulatory environment." In addition, by presenting a new empirical model for new industry regulations, it is expected to be meaningful as it can provide a research foundation that can obtain practical implications in related fields.

• Proceedings of the Korean Nuclear Society Conference
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• 1999.05a
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• pp.73-73
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• 1999

• Journal of Industrial Technology
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• v.16
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• pp.169-174
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• 1996

Microstructural analyses of synthetic arsenic-containing heavy metal sludges solidified with Portland cement were performed. Heavy metal sludges containing 0.04M of cadmium, chromium, copper, lead, and arsenic were prepared by sodium hydroxide precipitation and successive vacuum filtration. The sludges mixed with cement were cured for 14 days. The solidified sample was characterized by 1) leaching test, 2) scanning electron microscopy and 3) X-ray diffractometry. Of the metals tested, only Pb concentration in the leachate exceeded the Korean regulatory limit. The level of lead in the leachate was as high as 10 times the regulatory limit. X-ray analysis suggested that the metal hydroxides might be present in complex or impure crystalline phases.

• Korean Journal of Food Science and Technology
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• v.37 no.4
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• pp.685-694
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• 2005

Korean practices in tolerance setting of pesticide residues on food crops were compiled with an effort to harmonize with international standards. Based on scientific data including historical background, limit setting protocols, adoption of ADI values, food factors, nation's body weights, and regulatory margins which are required for the setting of maximum residue limits, necessary measures to be taken by Korean regulatory authorities were proposed.

• Journal of Soil and Groundwater Environment
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• v.23 no.5
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• pp.17-25
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• 2018

The Boroo area in Mongolia is known to have been contaminated with heavy metals due to irregular gold mining activities and the release of mercury from gold extraction process. Soil and mine tailings were collected to analyze contamination patterns of heavy metals in the Boroo area. Analyses revealed that mercury, arsenic and cadmium concentrations exceeded the regulatory standard of the nation (Mongolia National Standard). In case of mercury, about 80% of the survey area was over the limit and the concentration distribution heavily influenced by influx of mercury through water transport. Soil contamination by arsenic was most severe that the concentration exceeded the regulatory limit in almost entire survey area, showing peak concentrations at nearby streams and river along with ore processing facilities. For cadmium, about 20% of the survey area was over the limit with the concentration distribution similar to that of arsenic.

• Microbiology and Biotechnology Letters
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• v.49 no.4
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• pp.478-484
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• 2021

Cellular resources including transcriptional and translational machineries in bacteria are limited, yet microorganisms depend upon them to maximize cellular fitness. Bacteria have evolved strategies for using resources economically. Regulatory networks for the gene expression system enable the cell to synthesize proteins only when necessary. At the same time, regulatory interactions enable the cell to limit losses when the system cannot make a cellular profit due to fake substrates. Also, the architecture of the gene expression flow can be advantageous for clustering functionally related products, thus resulting in effective interactions among molecules. In addition, cellular systems modulate the investment of proteomes, depending upon nutrient qualities, and fast-growing cells spend more resources on the synthesis of ribosomes, whereas nonribosomal proteins are synthesized in nutrient-limited conditions. A deeper understanding of cellular mechanisms underlying the optimal allocation of cellular resources can be used for biotechnological purposes, such as designing complex genetic circuits and constructing microbial cell factories.

• Transactions of the Korean Society of Pressure Vessels and Piping
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• v.16 no.2
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• pp.10-17
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• 2020

Securing the integrity of steam generator tubes is an essential requirement for safe operation of nuclear power plants. Therefore, tubes that do not satisfy integrity requirements are no longer usable and must be repaired according to the related requirements. In general, the repair criterion is that the damage depth is more than 40% of the tube wall thickness. However, the plugging limit can be changed and be applied, provided a technical proof is given that integrity can be secured against specific degradation at a specific plants and that approval can be obtained from a regulatory agency. A typical example is alternative repair criteria for defects within the tube sheet or tube support plates. In this paper, a background of establishing the plugging limit for steam generator tubes and changes in maintenance criteria are reviewed as examples.