Vice Chairman Doh Kyu-sang held a meeting on corporate finance via teleconference on March 3 and discussed ways to develop a corporate finance platform to more effectively provide financing support to innovative businesses. At the meeting, Vice Chairman Doh also discussed recent trends in corporate finance in both traditional and newly emerging industries and policy issues surrounding corporate finance in a post-COVID-19 era. The FSC plans to first develop a systematic industrial classification and corporate finance standards which will more properly reflect the structural changes taking place in the economy and industries and develop a platform that can quickly assess financing needs of businesses.

* Please see press release for details.