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

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 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...

The shifting corporate environment in Korea has given overseas activist investors an opportunity to maximize shareholder value, but the intricacies of the Korean capital market...

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.

On December 3, 2015, the National Assembly of Korea passed the Act on Fair Transactions with Dealers. To take effect on December 23, 2016, the Act will be applicable to the contracts...

Approximately 16,000 foreign companies are doing business in Korea in various industries including finance, technology ...

The Stewardship Code is a set of principles or guidelines on fiduciary responsibilities released on December 19, 2016 by Korea Corporate Governance Service.

The global financial crisis and the COVID-19 pandemic have driven the world into the New Normal era. In an era of uncertainty, the focus of corporate management is also moving from growth towards sustainability.

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?

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...

As a general rule, the Korean Commercial Code (KCC) forbids a company from acquiring its own shares (treasury shares) in accordance with principles of capital adequacy.

The AGFI adopts enhanced soundness standards by employing broadened qualification tests for major shareholders.