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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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