FSS to Hold Corporate Disclosure Seminars in Busan and Daegu: Guidance on Revised Commercial Act and Disclosure Systems

The Financial Supervisory Service (FSS) will directly provide information to companies on the revised Commercial Act and related disclosure systems to help ensure their proper implementation.

According to the FSS on September 7, it will co-host a “Corporate Disclosure On-Site Seminar” with the Korea Listed Companies Association and the Kosdaq Association in Busan and Daegu on the 21st and 22nd. The event targets corporations required to submit business reports. The seminar was held for the first time in June in Gwangju and Daejeon, and the FSS also plans to hold seminars in Seoul and Pangyo during the fourth quarter of this year.

During the seminar, the FSS will provide guidance on major amendments to the disclosure system, such as treasury shares and executive compensation, so that companies can properly reflect the changes from the revised Commercial Act in their business activities and disclosure practices. Examples of requests for amendments to securities registration statements will also be presented. In addition, the seminar will cover systems and cases related to regulations on unfair trading, including the short-swing profit return system, equity disclosure, and the use of undisclosed information.

The seminar is open not only to personnel in charge of disclosure work at listed companies but also to those at unlisted companies. After the seminar, the FSS will post the seminar materials on its official website.

This content was produced with the assistance of AI translation services.