The Financial Services Commission just announced mandatory ESG disclosure requirements from 2028. Here's what it means for KOSPI-listed companies.

1️⃣ Financial Services Commission — ESG Disclosure to be Required from 2028 for KOSPI-listed Companies
The regulator officially established a mandatory timeline requiring comprehensive ESG reporting starting in 2028 for large-scale listed entities.
This impacts all KOSPI-listed firms maintaining total consolidated assets exceeding 10 trillion KRW, signaling a major shift in transparency.
Market participants must now initiate internal preparations for rigorous non-financial reporting standards and the development of enhanced data collection protocols.

2️⃣ Australian Treasury — Consultation on discretionary trusts reform implementation
The Treasury released a detailed consultation paper seeking input on the practical implementation of broad discretionary trust reform measures.
This affects tax legal professionals, individual trust beneficiaries, and corporate entities utilizing complex discretionary trust structures for long-term fiscal management.
Interested stakeholders are strongly encouraged to review the proposed implementation roadmap and provide critical feedback regarding the administrative feasibility of these changes.

3️⃣ Australian Competition and Consumer Commission — JustAnswer to pay $10m in penalties for misleading pricing representations
The court has ordered a 10 million dollar financial penalty against JustAnswer for making deceptive claims about membership pricing and affiliations.
This enforcement action serves as a severe warning to global digital service providers and online marketplaces regarding absolute transparency in pricing models.
The regulator maintains a high-priority monitoring phase for subscription-based services to ensure strict compliance with the core principles of Australian consumer law.

4️⃣ Australian Competition and Consumer Commission — New taskforce to tackle scambling as fake online casinos target First Nations Australians
A specialized regulatory taskforce has been officially established to investigate and dismantle predatory online gambling scams specifically targeting First Nations communities.
The initiative directly hits illicit offshore gambling operators and shadow entities facilitating fraudulent online casino services through deceptive digital marketing.
Authorities are currently coordinating with indigenous community leaders and financial institutions to deploy educational resources while simultaneously escalating targeted enforcement actions.

5️⃣ National Flood Control and Drought Control Headquarters Office — Upgrade of flood control emergency response level for Guangxi to Level 2
The central emergency response level for flood control within the Guangxi region has been formally elevated following a period of severe environmental instability.
This move impacts logistics operators, heavy industrial facilities, and regional agricultural businesses located within high-risk flood zones across the province.
Local authorities are currently implementing immediate safety measures and emergency disaster mitigation protocols to protect critical infrastructure and ensure broader public safety.

Full analysis in the attached RegNext Daily Asia-Pacific Radar carousel.

— Elena Navarro · Managing Editor, RegNext
Daily Asia-Pacific Radar · Wednesday 08 Jul 2026
#APACRegulation #FinancialRegulation #ComplianceIntelligence #RegTech