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24 September 2024 by
On September 11, 2024, the Korea Fair Trade Commission (the KFTC) announced a new roadmapfor the legislation of the online platform regulation.
30 August 2024 by
- Expanding the Use of Generative AI and SaaS in the Financial Sector -
23 August 2024 by
On July 25, 2024, the Ministry of Economy and Finance released the 2024 proposed tax law amendment proposals (“Proposals”)
01 August 2024 by
The Public Notice on Designation of NCT(the NCT Public Notice) provides a detailed list of National Core Technology(NCT) protected under the Act on Prevention of Divulgence and Protection of Industrial Technology (the Industrial Technology Protection Act).
12 July 2024 by
On June 10, the Financial Services Commission (FSC) released the “Guidelines on Determining NFTs’ Status as Virtual Assets” (Guidelines). This comes in preparation for the enforcement of the Act on the Protection of Virtual Asset Users (VAUPA), which will take effect on July 19, providing specific criteria for the applicability of the Act. Below, we will detail the specific contents of these Guidelines.
12 July 2024 by
Attorney-client privilege has once again become a controversial topic in Korean legal practice as there have been reports that in recent criminal investigations, the Korean police and prosecutors have seized confidential attorney-client communications, even those under the custody of attorneys.
01 July 2024 by
KFTC Issues Administrative Notices for Merger Guidelines - to Implement Voluntary Commitments System and Reflect MRFTA Amendments -
21 May 2024 by
Following the amendment of the Personal Information Protection Act (promulgated on March 14, 2023, the Amended PIPA), the second amendment to its Enforcement Decree (the Second Amended Enforcement Decree) went into effect on March 15, 2024.
02 February 2024 by
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.
02 January 2024 by
On December 19, 2023, the Korea Fair Trade Commission (“KFTC”) announced its proposal to enact the “Platform Competition Promotion Act” (“PCPA”) for ex-ante regulation of platforms by designating “dominant platform operators.”