Chief regulator vows to elevate capital market's global status

SEOUL, Sept. 28 (Yonhap) -- South Korea's Financial Services Commission (FSC) chairman Lee Eog-weon has vowed to strengthen the country's capital market and elevate its global standing, according to a speech delivered at the Korea Premium Weeks 2026. Lee highlighted the impressive performance of the local stock market last year and its sizable market capitalization, stating that the capital market's global status has already been enhanced.

The government remains committed to implementing market reform measures as planned and will continue to promote the local capital market. Lee emphasized that an investor relations session, jointly organized with Korea Exchange, will run for three weeks, with 55 listed firms participating in the events. The purpose of these IR sessions is to review the outcomes of capital market reforms and discuss future policy directions.

Additionally, the FSC will review South Korea's corporate governance reforms and explore ways to further improve corporate governance. Experts and market participants will also assess structural innovations in Korea's capital market infrastructure, such as extended trading hours and a reduced T+1 settlement cycle, according to the regulator.