This is a quaterly update of legal developments in Korea from Kim & Chang.
This issue includes:
- Changes in Corporate Reorganization Regulations After Introduction of Directors’ Fiduciary Duty to Protect Shareholder Interests

- KFTC’s Proposed Amendments to Administrative Fine Notifications Under MRFTA and Related Laws

- Korea’s New “K-Discovery” System Facilitating Evidence-Gathering in Disputes to Take Effect in Some Litigation Contexts in February 2028

- Implementation of KFTC’s Revised Guidelines for Labeling and Advertising Concerning Recommendations and Endorsements
- Proposed Amendment to FSCMA Introducing “Fair Value” for Mergers of Listed Companies Passes National Policy Committee
- EU’s PPWR/ESPR Enforcement Countdown
- Enactment of End-of-Life Battery Act
- Korean Supreme Court Confirms Legality of National Tax Service’s Retroactive Real Estate Appraisal Program
- Amendment to Foreign Exchange Transactions Act – Mandatory Registration of Virtual Asset Transfer Businesses, Restructuring of Specialized Foreign Exchange Business Categories
- Summary of FSS’s 2026 Insurance Sector Financial Supervision Business Briefing
- Key Features and Implications of 2026 International Chamber of Commerce (ICC) Revised Rules of Arbitration
- Key Outcomes of US–China Summit in May 2026 and China’s Recent Foreign and Trade Policy Updates
- Update on Legislative and MOEL Regulatory Trends Regarding Comprehensive Wage Schemes
- Key Trends in Bargaining Disputes Following Implementation of Yellow Envelope Act
- Amendment to REITs Approval Guidelines to Revitalize REIT System
- Enhancement of EHS Regulations: Introduction of Safety and Health Information Disclosure System and Sanctions on Risk Assessment, Etc.
- Promulgation and Enforcement of Amendment to FSCMA Introducing Cornerstone Investor System
- Financial Services Commission’s Announcement of K-Transition Finance
- Supreme Court Ruling on Tax Deductibility of Disability Employment Levy
- KMCC Resumes Operations Following Establishment of “Six-Member Panel”
To view the newsletter, please click on the link below.
Kim & Chang Legal Newsletter (2026 Issue 2)
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