Morgan Korea Conference, Kim So-young, vice chairman of the Financial Services Commission (FSC), Korea’s top financial regulator, outlined a series of policy measures to advance the country’s capital markets and reinforce shareholder returns.“We are consistently promoting policies, including incentives for high-performing value-up companies and tax support measures,” he said, addressing an audience of 20 domestic and international institutional investors at the event.
He said the FSC is also tightening rules to gain investor confidence I Korea’s capital markets.“We will respond more rigorously to unfair trading practices by introducing measures such as restrictions on financial investment transactions and checks on executive appointments if they are found to be involved in wrongdoings.”RESUMPTION OF SHORT-SELLING ON MARCH 31Among the key regulatory changes, Korea has mandated a computerized system for short-selling and limited the repayment period for borrowed securities used for short sales.
To enhance market efficiency and investor accessibility, Kim said the government has recently unveiled a series of measures, including the launch of Nextrade, an alternative stock exchange on March 4, the opening of an overnight derivatives market in June and the introduction of a licensing system for unlisted stock trading platforms in the third quarter.
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