This is a quaterly update of legal developments in Korea from Kim & Chang.
This issue includes:
- Recent Updates on Financial Authorities’ Short Sale Regulations
- New Subcontract Price Linkage System Takes Effect
- Approved Amendments to ITA to Prevent Leakage of National Core Technology and Trends for Future Amendments
- Reflecting on 2023 and Anticipating Key Issues Ahead in 2024
- Regulatory Trends in Corporate Governance Restructuring Transactions
- Regulatory Trends on Corporation Law and Operation of Shareholder Meetings
- New Measures to Stimulate Korean Emissions Trading Scheme
- MOE to Improve Environmental Impact Assessment System Through Active Administration
- Guidelines for Strengthening Financial IT Stability
- US Department of Commerce Announces Further Amendments on Semiconductor Exports to China
- Proposed Amendment to Korean Commercial Code Enforcement Decree to Prevent Reduction in Insurance Companies’ Distributable Profits Adopted at Cabinet Meeting
- Key Amendments to Customs Laws Included in 2023 Tax Law Revision Bill
- Beginning of Transitional Period for Carbon Border Adjustment Mechanism (“CBAM”) from October 1, 2023
- Reform Plan and Proposed Amendment to Laws for Relaxation of Industrial Complex Regulations
- Key Issues and Implications of Appellate Court’s Decision on the Criteria to Define “Construction Project Owner” Under the Amended OSHA
- Supreme Court Sets Forth Specific Standards to Determine Presence of Economic Rationality with Respect to Payment of Trademark Royalties for Purposes of Application of Domestic Transfer Pricing Rules (Decision 2021Du30679, June 1, 2023)
- Details of Measures to Strengthen Stability of Digital Services and Legislative Trends Regarding Act on Fair Distribution Environment of Cultural Industries
To view the newsletter, please click on the link below.
Kim & Chang Legal Newsletter (2023 Issue 4)
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