In accordance with the Framework Act on Labor Welfare, the Ministry is in charge of creating policies related to the ESOP system and improving the system

Based on the Financial Investment Services and Capital Markets Act, the Commission is in charge of the implementation of preferential allotment in companies that are listed or about to be listed

• Accepts reports of ESOA establishment, the current state of ESOA operation, ESOA transfer and dissolution
• Supervision and monitoring: secures the legality of ESOA operation, handles related civil complaints, and imposes fines on any violations of the law

• Custody and management of ESOP shares held by ESOAs or their members, custody and management of ESOA funds, provision of ESOP-related loans
• Counselling on ESOA establishment/operation, education provided to ESOP managers, ESOP share management consignment contract