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Kim & Chang Legal Newsletter (2020 Issue 2)

2020.07.03

This issue includes:

  • Korea Fair Trade Commission's Enforcement Plan for 2020
  • Launch of Bank's Ancillary Business for Big Data and Measures to Support Distribution of Big Data
  • Asia Region Funds Passport Is Implemented in Korea in Accordance with the Amended Financial Investment Services and Capital Markets Act
  • National Assembly Passes Amendments to the Monopoly Regulation and Fair Trade Law 
  • Amendment to the Korea Development Bank Act and Its Enforcement Decree to Establish the Key Industry Stabilization Fund
  • Amended Guidelines on Corporate Governance Report and Recent Trends of ESG Reporting
  • Recent Amendment to the Act on the Allocation and Trading of Greenhouse-Gas Emission Permits
  • Amendments to the Subordinate Statutes of the Waste Control Act
  • Coinsurance Is Introduced, Along with Eased Restrictions on Insurers' Management of Foreign Currency Assets
  • Supreme Court Establishes Criteria for Application of the "Catch-All" Unfair Competition Provision
  • Virtual Hearing in International Arbitration
  • US Department of Commerce Enforces Countervailing Duty Regulations Against Countries with Undervalued Currencies
  • Adoption of Customs Act Regulations on Overseas Direct Purchases Strengthens Responsibility of Purchasing Agents and Open Market Operators
  • Amended Labor Standards Act Limits Use of Annual Paid Leave for Employees with Less Than One Year of Continuous Employment
  • Supreme Court Finds That More Favorable Terms and Conditions of an Existing Employment Agreement Take Precedence over Amended Rules of Employment
  • New Amendments to Capital Markets Act’s Enforcement Decree Heighten Standards for Replacement of Asset Management Company and Trustee/Custodian
  • Implementation of Policy Reinforcing Duties of Internet Service Providers to Eradicate Digital Sex Crimes 
  • Update on Key Legislative and Policy Developments on Self-Driving Vehicles


Kim & Chang Legal Newsletter (2020 Issue 2)

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