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  • Article

    More South Korean Companies Required To Appoint External Auditors

    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.
    South KoreaAccounting and Audit
    TMF Group BV
    TMF Group BV
  • Article

    Amendment Of The Financial Investment Services And Capital Markets Act Of Korea Requires Board Diversity

    A new revision to the Financial Investment Services and Capital Markets Act ("FSCMA") passed in early 2020 will be taking effect this October 21, 2021.
    South KoreaCorporate/Commercial Law
    D&A LLC
    D&A LLC
  • Article

    Guidance On Shareholder Activity In Accordance With The Stewardship Code

    The Stewardship Code is a set of principles or guidelines on fiduciary responsibilities released on December 19, 2016 by Korea Corporate Governance Service.
    South KoreaCorporate/Commercial Law
    Yulchon LLC
    Yulchon LLC
  • Article

    ESG Update: South Korea

    In this article we look at this year's ESG trends from a South Korean perspective. What impact can we expect from international reporting measures? And what local measures are being considered?
    South KoreaCorporate/Commercial Law
    Ius Laboris
    Ius Laboris
  • Article

    Regulatory Reform: FSC's New Supervisory Measures Relating To Corporate Governance Regulations Of Financial Institutions Now In Effect

    Beginning August 1, 2016, Korea's revised law on the corporate governance of financial companies took effect. On the same day, the FSC announced its year-long review of controlling shareholders...
    South KoreaCorporate/Commercial Law
    Kim & Chang
    Kim & Chang
  • Article

    New Act On Governance Of Financial Institutions

    The AGFI adopts enhanced soundness standards by employing broadened qualification tests for major shareholders.
    South KoreaCorporate/Commercial Law
    Yulchon LLC
    Yulchon LLC
  • Article

    자본시장법 개정에 따른 여성의 이사회 진출

    자산총액 2조원 이상인 주권상장법인의 이사회 이사 전원을 특정 성(性)의 이사로 구성하지 아니하도록 의무화하는 내용의 자본시장과 금융투자업에 &
    South KoreaCorporate/Commercial Law
    D&A LLC
    D&A LLC

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