Korea Exchange and Korea Securities Depository Sign Agreement to Establish Securities Issuance and Distribution Information Sharing System

The Korea Exchange and the Korea Securities Depository signed an agreement on the 26th to establish a system for sharing issuance and distribution information of securities.

With the growth of the capital market, the securities issuance and listing operations (issuance registration, exercise of rights, listing review, disclosure, etc.) of both organizations have continued to increase. However, the collection and verification of information required for these operations have been carried out manually and through visual checks of paper documents, which has increased the workload and created inefficiencies in personnel management.

Jung Kyuil, Head of the Korea Exchange KOSPI Market Division (left), and Lee Inseok, Standing Director of the Korea Securities Depository, signed an agreement on the 26th to establish a system for sharing issuance and distribution information of securities and took a commemorative photo. Korea Exchange

To enhance operational efficiency, the two organizations reached a consensus on the need to share information and signed a memorandum of understanding (MOU) for mutual cooperation at the end of last year. Since then, they have discussed and finalized the items and timing of information sharing, and on this day, entered into an agreement to establish and operate a system for sharing issuance and distribution information of securities.

The two organizations plan to implement items that can be shared immediately?such as standard code information, listing schedule information, issuance certificate information, and bond rights exercise information?into their respective systems within this year. By 2027, they aim to establish a comprehensive sharing system covering disclosures related to rights and issuance, shareholder meeting agendas, bond issuance information, and mandatory holding information through the construction of the Korea Exchange's next-generation listing disclosure system and the advancement of the Korea Securities Depository's information management system.

The Korea Exchange and the Korea Securities Depository stated that this agreement is expected to improve the operational efficiency of both organizations and enhance the integrity of securities data, thereby establishing a stable operational foundation for the capital market.