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UPDATES
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Key Details and Implications of the Serious Accident Reduction Roadmap
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On November 30, 2022, the Ministry of Employment and Labor (the “MOEL”) announced the Serious Accident Reduction Roadmap (the “Roadmap”). The Roadmap has been underway as a part of the new administration’s national priorities.
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KFTC Announces Enforcement Plan for 2023
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On January 26, 2023, the Korea Fair Trade Commission (the “KFTC”) announced its 2023 Enforcement Plan (the “2023 Plan”). The 2023 Plan presents the KFTC’s roadmap to achieve its goal for the year under the slogan, “Fair Market Economy with Upright Principles,” and sets out the following as central tasks.
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FSC Plans to Introduce a Mandatory Bid Rule for Change in Management via Stock Transfer
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The Financial Services Commission (the “FSC”) recently announced its plan to introduce a mandatory bid rule, which would grant the minority shareholders of listed companies an opportunity to sell their shares when a change of control takes place through transfer of stocks.
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Establishment of Guidelines for Review of Abuse of Market Dominance by Online Platform Operators
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Amendment to Laws Regarding Door-to-door Sales of Financial Products
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Key Changes to Customs Administration in 2023
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Ministry of Environment’s Annual Work Plan for 2023
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Overhaul of the Regulatory Regime Regarding Issuance and Distribution of Security Tokens in Korea
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MOJ Announces Proposed Amendment to the Civil Code to Establish “Right of Publicity”
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Recent Supreme Court Decision on Inventiveness of
Numerical Limitation Inventions
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EU Battery Regulation to Enter Into Force in 2024
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Key HR/Labor Law Amendments for 2023
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Deregulations Concerning Real Estate Acquisitions and
PFV Establishment: Key Updates and Legal Implications
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Strengthened Short Sale Regulations and Enforcements
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2023 Tax Law Amendments (Selected Items)
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Proposed Amendment to Civil Code and Trends in Regulation of
Online Platforms to Introduce Digital Content Contracts Act
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Legislative Reinforcement on Listed Companies’ Stock Administration such as Operations of Shareholder Meetings and Dividend Distribution
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