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2024 Issue 3
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UPDATES
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Prior Disclosure of Insider Transactions Becomes Mandatory for Listed Companies
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An amendment to the Financial Investment Services and Capital Markets Act was promulgated on January 23, 2024, to require the prior disclosure of insider transactions.
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Implementation of Amended MRFTA Enforcement Decree and Administrative Fine Notification to Promote Fair Trade Voluntary Compliance Programs
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A set of amendments proposed by the Korea Fair Trade Commission, which were intended to encourage companies to adopt a fair trade voluntary compliance program in accordance with the Monopoly Regulation and Fair Trade Act, went into effect on June 21, 2024.
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Key Contents of Proposed Amendment to English Arbitration Act and Implications in International Arbitration
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A bill aimed at amending the English Arbitration Act 1996, the primary legislation governing arbitrations in England, Wales and Northern Ireland, was introduced into the House of Lords on July 18, 2024.
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Implementation of Amended Merger Control Administrative Guidelines
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New FSC Chairman’s Supervisory Plan for Real Estate PF
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New Developments on Dual-Class Shares
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Announcement of Plans to Develop Laws, Institutions and Infrastructure to Foster the Used Battery Industry
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Government’s System Improvement Plan in Response to WeMakePrice and TMON Incident
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Enforcement of Recent Amendments to Public Notice on Trade of Strategic Items – 34th and 35th Amended Public Notices
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FSC and FSS Held Second Insurance Reform Conference
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Korean Supreme Court Clarifies Meaning of “New Chemical Entity” for PTE Eligibility
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2024 UFLPA Strategy Update and Key Implications
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Recent Supreme Court Decision Determining Whether Employees Were Engaged in Managerial or Supervisory Work
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Amendments to Enforcement Decree of Industrial Cluster Act: Easing Regulations on Industrial Complexes, Including Asset Securitization (Real Estate Financing)
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Recent Changes to Korean Short Sale Rules
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2024 Proposed Tax Law Amendments – Notable Items
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Korea Communications Commission to Conduct Investigations Following Periodic Status Reviews of Location Information-Related Service Providers
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Developments in Revitalizing Aerospace Industry: Impacts of Establishing KASA and Proposed Amendment to Space Development Promotion Act
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