Korea M&A: 2020 Review and Outlook
In 2020, there were 391 M&A transactions in Korea with a total transaction value of approximately USD 44.4 billion, representing an 18% decrease from total transaction value of USD 54 billion (and 458 transactions) in 2019.
Anti-Corruption and Compliance in Korea: 2021 Outlook
The year began with a significant milestone in Korean criminal enforcement: as of January 1, 2021 several amendments to the Code of Criminal Procedure and the Prosecutors’ Office Act came into effect, most notably shifting a substantial amount of criminal investigation authority from the Prosecutors’ Office (PO) to the police.
Serious Accident Punishment Act – Class Action & Punitive Damages in Korea
The pending class action and punitive damages bills sponsored by Korea’s Ministry of Justice are now in their final stages of review within the government. We anticipate they will soon be introduced to the National Assembly, where they will be taken up for deliberation.
KFTC Announces Enforcement Plan for 2021
Recent Trends Following KCC Amendment to Strengthen Minority Shareholder Rights
FSS Announces 2021 Work Plan
Ministry of Environment Announces Its Plans for 2021
#Carbon Neutrality#Green New Deal
MOTIE Rings in New Year with Long-Awaited Long-Term Energy Plans
Copyright Amendments Proposed to Protect Right of Publicity, Enhance Infringement Damages
Update on HR/Labor Law Amendments for the First Half of 2021
#Labor Law Amendments
Newly Enacted Serious Accidents Punishment Act, Amended OSHA and MOEL’s Audit Plan for 2021
Proposed Partial Amendment to the PIPA (2)
2021 Key Tax Law Amendments
#Tax Law Amendments
Financial Consumer Protection Act – Key Takeaways
#Consumer Protection#Financial Companies
Key Policy Direction in Broadcasting and Communications Sector in 2021