Watchdog chief highlights S. Korea's capital market reform in London
SEOUL, Sept. 10 (Yonhap) -- The chief of South Korea's financial watchdog has hi...
SEOUL, September 10 (Yonhap) -- South Korea's Financial Supervisory Service (FSS) head, Lee Chan-jin, has emphasized a range of capital market reform initiatives in London, aiming to attract more foreign investors, his agency reported on Thursday. During an investor relations (IR) meeting in London on Tuesday, Lee asserted that South Korea is actively implementing various steps to improve its capital market and enhance corporate governance, with the goal of reducing the "Korea Discount" and establishing itself as a premium market.
The FSS disclosed that 22 international investment banks and asset managers participated in the meeting, along with local financial entities such as Shinhan Financial Group. Additionally, Lee conversed with Sarah Pritchard, deputy executive chief of Britain's Financial Conduct Authority (FCA), and other high-ranking officials from London's financial regulatory bodies, as per the FSS.
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