On 28 January 2026, KRX revised KOSPI, KOSDAQ, KONEX markets regulations.
- KRX published the revised KOSPI market business regulations, KOSDAQ market business regulations, as well as KONEX market business regulations.
- These revisions follow SK GVT's efforts to promote inclusion in the MSCI advanced markets index and will be reflected in the Market surveillance regulations.
- Follows KRX November 2025 proposed revising Market surveillance regulations.
- Also follows SK GVT January 2026 issued MSCI advanced markets index.
Outline of Revisions
- Firms subject to naked short selling detection system (NSDS) balance reporting will be exempted from the duty to verify, record, and maintain records on naked short selling.
- The exemption applies even if they are subject to post-management due to insufficient settlement volume.
Effectiveness
- The three revised regulations will be effective from 29 January 2026.

