meta_id 3015850

On March 30, 2026, South Korea's Financial Services Commission (FSC) announced amendments to capital market regulations to strengthen disclosure requirements for treasury stock holdings and disposals by listed companies, in alignment with the third amendment to the Commercial Act (effective March 6, 2026). The FSC has prepared amendments to the Capital Markets Act Enforcement Decree and the Regulations on Issuance and Disclosure of Securities. These amendments aim to ensure that listed companies utilise treasury stock appropriately for enhancing shareholder value, establishing transparent practices in the market. The key regulatory changes include expanding treasury stock disclosure requirements to all listed companies, requiring greater transparency regarding shareholder-approved treasury stock holding and disposal plans and their implementation through capital market law disclosure systems. The amendments also reflect changes in the revised Commercial Act by prohibiting trustees from disposing of treasury stock and refining regulations related to exchangeable bonds issued against treasury stock and over-the-counter sales. The FSC will conduct legislative notice and regulatory change notice from March 31 to May 11, 2026. Following this consultation period, the amendments will proceed through the Office of Legislation review, vice-ministerial meetings, and State Council approval before implementation. The regulatory changes align with South Korea's national policy agenda focused on capital market innovation and the Korea Premium initiative. **Reference:** Financial Services Commission Press Release, March 30, 2026