“Stimulating IPOs of promising companies”
The FSC plans to ease regulatory burden faced with companies preparing for initial public offerings(IPOs). In the KOSDAQ market, listing requirements will be reduced by half compared to the current level. In the KOSPI market, a ‘fast track’ will be introduced to shorten the length of review period for listing and good-performing companies.
The number of contents required to be publicly disclosed on a regular basis, currently 54, will be reduced depending on usefulness and importance of the data from the perspectives of investors.