Broadridge and Korea Securities Depository Sign MOU to Modernize Proxy Voting for International Investors
Broadridge (NYSE: BR) has signed a memorandum of understanding with Korea Securities Depository (KSD) to modernize the proxy voting process for international investors holding Korean equities. The collaboration aims to digitize and automate this process, enhancing transparency, accuracy, and governance standards in line with global best practices. The partnership is intended to strengthen the efficiency and competitiveness of South Korea's capital market while supporting its development as a leading financial ecosystem. Broadridge will leverage its experience from similar initiatives globally, aligning with local regulatory frameworks. The agreement may expand into additional proxy-related areas over time. KSD aims to increase global accessibility for Korean markets through this initiative, which is expected to attract more international investors and improve their confidence in the market's governance structure.
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