FSC Chairman holds meeting on Corporate Value-up ProgramDec 26, 2024

Chairman Kim Byoung Hwan of the Financial Services Commission held a meeting with officials from related organizations, businesses, and financial companies on December 26 to discuss the progress of Corporate Value-up Program and plans for next year. At the meeting, Chairman Kim spoke about some of the notable achievements made this year through concerted efforts made by both the public and private sectors and said that the government and related organizations will continue to consistently carry out Corporate Value-up Program and related policies. More specifically, Chairman Kim said that the government will continue to push for legislative efforts and actively cooperate with the National Assembly to seek value-up tax support measures, bring about improvements to the corporate governance structure through a revision to the Capital Markets Act, and make sure to thoroughly prepare for the resumption of short sale transactions next year.