Vice Chairman holds meeting on ways to improve the soundness of the convertible bond marketJan 23, 2024

Vice Chairman Kim Soyoung of the Financial Services Commission held a meeting with officials from relevant organizations and industry groups on January 23 and discussed the government's plan to bolster the soundness of the convertible bond (CB) market. The measures included in the plan are intended to strengthen rules on disclosure of information on the issuance and distribution of convertible bonds, making improvements to the current refixing rules and procedure, and strengthening investigation over unfair trading activities involving CBs. Vice Chairman Kim said that the FSC will continue to closely monitor market situation and seek further reforms if deemed necessary.