South Korea’s Financial Supervisory Service (FSS) abolished its foreign investor registration system effective Dec. 14, streamlining access for foreign investors to domestically listed securities. The new policy also eases the reporting requirements for Omnibus Account — consolidated accounts that pool together assets and liabilities of several people or entities into one consolidated entity — holders, reducing the frequency of investment detail disclosures from immediate to monthly.

These changes are part of South Korea’s efforts to align its stock market with global standards. Further measures include expanding the scope of post-reporting for foreign off-exchange transactions and mandating English disclosures for