FSS Enhances English DART to "Improve Foreign Investor Accessibility"

Promotion of Stage 2 Continues Following Last Year

On the 18th, the Financial Supervisory Service (FSS) announced that it will advance the English DART and establish the 'English Open DART' this year to resolve the Korea Discount (undervaluation of the Korean stock market).

The FSS has been improving the English disclosure platform of DART since last year as part of the 'Measures to Enhance Foreign Investors' Access to the Capital Market,' in collaboration with related organizations such as the Financial Services Commission and the Korea Exchange.

This year, as part of the second phase, the English DART will be enhanced to allow foreign investors to check major statutory disclosure items (table of contents, forms, etc.) in English in real time. English names will be inserted into the Korean forms to enable automatic conversion into English.

In addition, a new English-only service called 'English Open DART' will be established for the analysis and utilization of 83 types of major disclosure data. An interface (API) for opening major disclosure information data will also be provided.

The FSS plans to proceed with a public competitive bidding process from February to April this year, aiming for the official operation of the system within the year.

The FSS expects that this measure will help resolve the undervaluation of the domestic capital market and also assist domestic companies in raising capital.

This content was produced with the assistance of AI translation services.