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South Korea's Financial Regulator Unveils 3% Rule to Curb Dual Listings, Draws Concerns on July 6

2026-07-09 08:45:40

According to the Financial Investment Association, South Korea's Financial Supervisory Service and Korea Exchange unveiled a guideline on July 6 to regulate dual listings through a 3% rule mechanism. The regulator began official public comment collection on July 7. The rule has drawn simultaneous criticism from both companies pursuing subsidiary IPOs and minority shareholders. Companies citing increased shareholder meeting burdens and shareholders expressing concerns about voice representation.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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