The "FSC" announced on February 1, 2016 that it intends to reform the existing regulatory regime applicable to foreigners investing in listed securities by introducing integrated accounts...

Since 2008 Korean franchise law has imposed registration and disclosure obligations on franchisors. In recent years this has seen a steady increase in the number of disclosure document registrations.

Effective January 27, 2024, the Serious Accident Punishment Act (SAPA) entered into force against small-sized businesses (businesses with 5~49 regular employees)...

South Korea has a franchise specific law ("Franchise Act") which imposes registration and disclosure obligations on franchisors.

On January 25, 2024, the Korea Fair Trade Commission (KFTC) proposed amendments (Amendments) to the Monopoly Regulation and Fair Trade Act (MRFTA) were approved by the National Assembly of Korea

South Korea's Supreme Court has issued a landmark ruling that clarifies the boundaries of trademark rights in the fashion industry, specifically addressing whether trademark owners can control the resale of modified branded goods.

Following amendments to an act ("The Act on External Audit of Stock Companies, etc") on October 31, 2017, many joint stock and limited companies operating in South Korea now have to face mandatory external audits.

The world as we knew it just a few months ago in January, when we last spoke with our Asian-markets expert Paul Kim, has completely changed.

On December 3, 2008, amendments to the enforcement decrees for the Bank Act and the Financial Holding Company Act respectively were promulgated, resulting in the relaxation of the test for a "non-financial business operator" ("NFBO") whose ownership of a bank or bank holding company is restricted.

On January 15, 2023, South Korea's Financial Supervisory Service ("FSS") issued new guidelines (the "Guidelines") (Korean language only)

On June 3, 2017, Korea's version of the "Sunshine Act" will go into effect.

In this webinar, we were joined Boyana Milcheva who discussed construction contracts with Public Authorities: The Bulgarian Perspective and Prof. Hong-Sik (Justin) Chung who discussed changing trends of Korean contractors.

A recent ruling of the Korea Fair Trade Commission (KFTC) imposed substantial surcharges on six construction companies for collusion, finding that each of these companies conspired to bid for different sections of a construction project into which the construction works were divided and for which separate bids were procured.

On April 14 2016, the MOSF also issued an administrative notice (the "Notice") setting forth the guidance on how and by whom the CRITI may be prepared and filed.

On May 11, 2016, the FSC announced comprehensive plans to reform the licensing policies and regulations to promote market competition and innovation in the Korean asset management industry.

On July 14, 2016, the Supreme Court reversed the lower court's decision in the lawsuit brought by a consortium of investors led by Hanwha Chemical Corporation (such consortium, "Hanwha") against the "KDB"...

The Korea Fair Trade Commission's (KFTC) proposed amendment to the Fair Transactions in Subcontracting Act (Subcontracting Act) was approved by the National Assembly during its plenary session...

2019년 발표된 네덜란드 모델 BIT는 과거 투자자 보호에 적극적이었던 입장에서 선회하여, 투자협정의 남용 금지 및 ISDS 제도 개선을 위한 요소들을 적극 반영

국제 판매권 계약(Distribution Agreement)은 공급자가 다른 국가의 판매자에게 상품 유통에 대한 권한을 위임하고 물품을 공급할 때 맺는 계약입니다.

On Jan. 22, South Korea's AI Basic Act came into force, establishing one of the world's most comprehensive frameworks for artificial intelligence. For U.S.