The South Korea Financial Services Commission (FSC) approved revisions to corporate disclosure rules that broaden mandatory English disclosures by listed companies and add new transparency requirements for annual general meeting (AGM) voting outcomes and executive compensation reporting. From May 2026, mandatory English disclosure will apply to all KOSPI-listed companies with assets of KRW 2 trillion or more, increasing coverage from 111 to 265 companies (based on end-2024 assets). The English disclosure scope will expand to all disclosure items required by Korea Exchange (KRX) rules, including all material information items (55), fair disclosure and inquired disclosure, and submission timelines will tighten so KOSPI-listed companies with assets of KRW 10 trillion or more generally file English disclosures on the same day as Korean disclosures, while newly covered KRW 2 trillion-plus companies have up to three days. The FSC also plans to bring forward the expansion to all KOSPI-listed companies to March 2027 (from the previously planned May 2028), which would extend the requirement to 848 companies, alongside expanded KRX translation support, a disclosure glossary and training. From March 2026, companies must disclose AGM voting results by agenda item, including percentages for assent, dissent and abstention on the AGM date, with periodic business reports also showing those percentages plus total shares by voting category. Separately, enhanced executive compensation disclosures take effect from May 2026, requiring side-by-side reporting of total shareholder return and operating profit for the most recent three years, more detailed justification by compensation category, and inclusion of all stock-based compensation types with cash values for unfulfilled awards.
South Korea Financial Services Commission 2026-01-28
South Korea Financial Services Commission approves revised disclosure rules expanding mandatory English filings and strengthening AGM and executive pay transparency
The South Korea Financial Services Commission approved revisions to corporate disclosure rules, expanding mandatory English disclosures for KOSPI-listed companies with assets of KRW 2 trillion or more and introducing new transparency requirements for annual general meeting voting outcomes and executive compensation reporting. Effective from March and May 2026, these changes aim to enhance disclosure scope, tighten submission timelines, and improve transparency in corporate governance.