The Korea Exchange (KRX) said Thursday it will hold a series of regional briefings across four cities for disclosure officers at KOSPI-listed companies, in line with the expansion of corporate governance report disclosure requirements.
The move is a follow-up measure after the obligation to submit corporate governance reports was extended to all KOSPI-listed companies this year. The first briefing was held the same day at the Busan International Finance Center (BIFC) for KOSPI-listed companies in the Busan, Ulsan, and South Gyeongsang Province region.
The briefings will continue in Daegu, Gwangju, and Daejeon. The exchange plans to hold sessions at the Daegu Trade Center on Friday, the Kimdaejung Convention Center on Saturday, and the Daejeon Trade Center on Sunday.
The briefings will explain the purpose of the corporate governance disclosure system and focus on drafting guidelines for corporate governance reports as well as examples of best-practice disclosures. The exchange aims to enhance regional listed companies' understanding of the system and support the stable establishment of the disclosure framework.
"For companies newly subject to disclosure this year, we will actively support listed companies in improving their governance structures and smoothly submitting disclosures through one-on-one consulting and the distribution of guidance materials," a KRX official said.
