Chairman Kim Joo-hyun of the Financial Services Commission held a meeting with securities businesses and officials from related industry groups on January 24 to talk about the government's capital market reform agendas and ways to boost investor confidence in securities firms. At the meeting, Chairman Kim outlined the government's key principles behind its policy measures, which include (a) protecting the rights and interests of ordinary shareholders, (b) improving regulatory consistency with global standards and (c) strengthening measures on unfair trading activities. In this regard, Chairman Kim explained that the government has been consistently maintaining these policy objectives and plans to carry out tax reform on financial investments and revise relevant regulations to further strengthen the rights and interests of minority shareholders and to prevent controlling shareholders from misusing treasury stocks to bolster their control. Chairman Kim also discussed the government's plan to operate a "corporate value-up program" and underscored the important role of securities businesses in providing crucial financial services to companies and the public.