Wednesday February 4 2026
News Source: Global Exchanges
Focus: General - Global Exchanges
Type: General
Country: Korean Republic
On 2nd February 2026, the Financial Services Commission revised rules to expand English disclosure requirement and enhance transparency in corporate disclosures. The rule changes are aimed at expanding the scope of listed companies being subject to the mandatory English disclosure requirement and making corporate disclosure practices more transparent regarding annual general meetings of shareholders (AGMs) and executive compensations.
Key Revision Details
a) Expanding mandatory English disclosure requirement
The FSC and the Korea Exchange (KRX) have been working on expanding the application of mandatory English disclosure requirement on listed companies in stages. In this regard, the mandatory English disclosure requirement entered into the first stage in January 2024 for listed companies with assets worth KRW10 trillion or more (and foreign ownership of 5 percent or more) or those with assets worth KRW2 trillion or more (and foreign ownership of 30 percent or more). Under the revised rules, the mandatory English disclosure requirement will be expanded to all KOSPI listed companies with assets worth KRW2 trillion or more from May 2026.
b) Enhancing disclosure on AGM voting results
To help make AGMs more transparent and enhance regulatory consistency with global standards, from March 2026, companies will be required to disclose information about AGM voting results (% of votes in assent) by agenda item.
c) Improving disclosure on executive compensations
The revised rules will also improve the transparency of information disclosure regarding executive compensations of listed companies, which will make it possible for ordinary shareholders to gain better understanding about executive compensation practices of listed companies.
Next Steps
The revised rules are scheduled to take effect from March 2026. However, the rule changes expanding the application of the mandatory English disclosure requirement and strengthening the disclosure of executive compensations will take effect from May 2026.
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