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South Korea's FSS Urges Asset Managers to Improve Proxy Voting Practices

Finance · Investment Managers · yonhap_finance · 2026-08-25

The Financial Supervisory Service has criticized asset managers for perfunctory proxy voting and urged them to fulfill their fiduciary duties.

What Happened

Future Regulatory Stance: The FSS plans to support firms that demonstrate strong commitment to their fiduciary duties and will continue to publish both best and worst practices to drive industry-wide improvements. The regulator intends to maintain strict oversight to ensure that asset managers operate with greater transparency and accountability.

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Samsung and SK Hynix Plummet for Second Day Amid Shareholder Return Disappointment

Electronic Technology · yonhap_finance · 2026-08-25

Samsung Electronics and SK Hynix continue to slide as market disappointment over shareholder return plans and heavy foreign selling pressure persist.

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