English filings Archives | Be Korea-savvy

Korea Mandates More English Filings, Moves Ahead With Pro-Labor Reforms

SEOUL, Dec. 31 (Korea Bizwire) — A broader swath of South Korean companies will soon be required to file regulatory disclosures in English, a move aimed at opening the country’s capital markets further to foreign investors, even as a newly enacted pro-labor law is set to raise compliance risks for businesses. Beginning May 1, the Financial [...]

Local Listed Firms Obligated to Issue English Regulatory Filings ‘In Stages’ from 2024

SEOUL, Dec. 2 (Korea Bizwire) — South Korea’s financial regulator said Friday that it will obligate listed firms to provide corporate filings in English “in stages” from 2024 as it seeks to expand foreigners’ access to business information. “In consideration of the level of preparations by businesses, we will make it obligatory in stages centering [...]