While there have been movements to remove regulations and barriers for trade liberalization in the international financial sector, developed economies led by pressure from the United States are pushing market liberalization in developing nations as a form of bilateral negotiation.

This report points out that by systematically analyzing a variety of regulations and tariffs on financial services trade, Korea has to prepare countermeasures against the foreign financial negotiations, the settlement of trade disputes, the internationalization of Korea's finance system, overseas expansion and Korean financial companies.

Therefore, this report identifies international standards and tariffs on financial service trade by analyzing trade barriers in the financial services sector of Japan, the U.S., the EC, France, Germany and England. This report suggests some implications on the Korean's financial service trade.