• SK FSC held a meeting with SK FSS, SK FIA, 10 securities houses to discuss corporate value-up program, corporate finance, risk management, and investor protection.

Corporate Value-Up Program

• SK FSC requested securities houses to lead the flow of funds for value-up companies, provide the market with information that can be used for investment decisions.
• In addition, to endeavor to increase corporate value and communicate with investors.

Risk Management

• Requested the securities industry to manage risks in a pre-emptive, thorough manner.
• The financial authorities will promote an institutional reform in order to ensure that regulations related to liquidity and soundness reflect actual risk levels appropriately.

Investor Protection

• SK FSC will take strict action against illegal issues under zero tolerance principle.
• Urged securities houses to prepare for implementation of institutional improvements, such as the establishment of a short selling processing system.
• Plus, to review internal control mechanisms to prevent investor damage and accidents.