Disclosure of Single-Stock ETF Holdings by High-Ranking Public Officials and Promotion of Forced Sale
Expanding disclosure of single-stock ETFs held by high-ranking public officials, and including them among assets subject to forced sale when related to their duties By disclosing even the product name and quantity held, we strengthen conflict-of-interest review
The government has decided to classify singlestock ETFs held by highranking public officials as securities, expanding the scope of disclosure, and to include them in the mandatory divestment list if they are deemed related to their duties.
On the afternoon of the 5th, the Ministry of Personnel Management reported to President Lee Jaemyung at the Blue House on its major work implementation plan for the second half of 2026, which included these measures. Under the current system, singlestock ETFs are classified as deposits, so only the total amount held has been disclosed, but the ministry plans to revise the relevant laws and regulations so that the name of the product held and the quantity can also be disclosed in the future.
In addition, among highranking public officials and civil servants of the Ministry of Economy and Finance and the Financial Services Commission, those who hold securities worth more than 30 million won will undergo a dutyrelatedness review, and singlestock ETFs will also be included. If they exceed the standard, they will be subject to blind trusts and compulsory sale. The ministry also plans to strengthen reviews of virtual assets and unlisted stocks.