증권시장 글로벌 경쟁력 강화를 위한 결제주기 단축 로드맵(초안) — English Edition
On 2 November 2026 four Korean securities market organisations — the Korea Exchange, the Korea Securities Depository, the Korea Securities Finance Corporation and the Korea Financial Investment Association — published a draft roadmap for moving the Korean securities market from T+2 to T+1 settlement, the first overhaul of the settlement cycle in more than fifty years. This volume translates both the draft Roadmap (65 pages) and the press release announcing it (16 pages), in full: the 22 tasks in 8 areas, the quarter-by-quarter timetable, every current-versus-proposed cut-off time, the twelve-step foreign investor settlement chain and what becomes of it, and the eight questions and answers. The Roadmap is a draft, open for comment until 18 December 2026, and the organisations say the final date for the switch will be settled later.
| Section | Subject |
|---|---|
| Cover and How to read this edition | What the volume contains, what it leaves out, and the draft status of the Roadmap |
| Translator's notes | How the figures and diagrams have been handled, where the source does not reconcile with itself, and the terminology |
| Part I — The press release | The 2 November 2026 release with Annex 1 (main contents), Annex 2 (timetable) and Annex 3 (eight Q&As) |
| Part II — The draft Roadmap | Chapters I to VII, the [Reference] on won transaction and funding conditions, and the [Annex] on clearing and settlement today |
| Questions about this translation | How to reach a lawyer at H&S Partners |
| Disclaimer | Unofficial translation, a draft not legal advice, accuracy and rights, use of AI |
This is an unofficial English edition prepared by H&S Partners. The Korean sources are the press release and the draft Roadmap published on 2 November 2026 by the Korea Exchange, the Korea Securities Depository, the Korea Securities Finance Corporation and the Korea Financial Investment Association. Neither has an official English text.
Both documents are translated in full — 81 pages of Korean, in the organisations' own order, with nothing abridged. The organisations also released a 13-slide Korean explanatory deck; that deck is not included, and the edition says so on its second page. Its substance is in the press release's annexes.
The figures and diagrams have been redrawn as tables. Both documents carry much of their substance inside infographics — settlement flow charts, Gantt charts, process comparisons, tiles of headline statistics — which cannot be translated in place. Each has been redrawn as a table or an ordered list carrying every label, time, figure and arrow in the original, under the caption the original gives it. The information is complete; the visual layout is not the original's. Shading in a chart is reproduced with marks read off the drawing, not inferred from the text.
This is a draft and nothing in it is settled. Comments may be submitted until 18 December 2026 through the Korea Exchange, the Korea Securities Depository or www.korea-t1.kr. The documents say the detailed tasks and the timetable may be revised and that the final date for the switch will be settled later. Dates in the edition are targets, not commitments.
The cover, the explanatory pages, the translator's notes, the enquiry box and the disclaimer are our own material and are no part of either document.
Tell us who you are and the complete PDF is yours — 80 pages, both documents in full.
Thank you — your download is ready.
Prepared by H&S Partners, a licensed Korean law office.
Download the PDFIf the download does not begin, right-click the button and choose “Save link as”.
Advisory
H&S Partners is a licensed Korean law office. If you are working out what a move to T+1 settlement in Korea would mean for your operations, preparing a response to the consultation before it closes on 18 December 2026, or trying to establish where an obligation falls between a foreign investor, a standing agent, a custodian and a Korean securities company — or if you need a professional translation of a Korean document you cannot find here — we would be glad to hear from you.
Request advice →A lawyer replies personally, usually within one business day. Sending an enquiry does not create a lawyer–client relationship.