Korea Relaxes Disclosure Rules

ORGANIZATION & STRATEGY

The Korean Financial Commission and Financial Supervisory Service is easing the information disclosure requirements for listed companies, confirms an FSC official.

The changes are due to go into effect early next year.

Currently, stock market-listed companies are required to submit 231 prompt disclosure items, while KOSDAQ-listed companies must submit 227 items. Disclosures include information related to shareholder meeting agendas, mergers and acquisitions, and change of directors and other

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