The attached booklet outlines recent capital market reform initiatives undertaken by the government of the Republic of Korea. Capital market is at the core of a virtuous cycle of economic growth. It provides funds needed for the growth of our economy and businesses and returns the benefit of the growth to investors so that they can reinvest their profits back in the market.

Since taking the office, the Yoon Suk Yeol administration has been very serious about making improvements to the capital market system in Korea, aiming to alleviate the so-called 'Korea discount'—the persistent undervaluation of Korean stocks—and to update capital market regulations to make them more consistent with global standards and supportive for economic growth. Over the past year, the FSC—in close coordination with relevant institutions and the industry—has pushed forward with capital market reforms and made notable progress in three important areas: (i) embracing global standards and innovation; (ii) enhancing investor protection and market fairness; and (iii) ensuring financial stability.

With the progress we have made so far and our continuous reform efforts going forward, the government expects that our capital market will be able to better serve and function as a key pillar of our economy.

Please see the attached PDF for details.