Vice Chairman Kim Soyoung of the Financial Services Commission attended a policy seminar on the advancement of capital markets hosted by the Korea Capital Market Institute on May 8 and delivered a keynote address on the progress of capital market reform agendas and policy tasks going forward. In his speech, Vice Chairman Kim outlined some of the major achievements seen thus far in the areas of four key policy pillars, which include (a) boosting the accessibility of capital markets, (b) establishing corporate management practices centered on shareholder values, (c) enhancing the fairness and transparency in markets, and (d) strengthening the innovative capability of capital markets. In this regard, Vice Chairman Kim said that abolishing foreign investors' prior registration requirement, mandating English language corporate disclosures for companies, and introducing an alternative trading system are some of the achievements.