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News & Analysis

KFTC 2025 Annual Work Plan

07 February 2025 by Lee & Ko

The KFTC has announced its ‘2025 Annual Work Plan’ which identifies key tasks to restore the civil economy and to create a fair trade foundation for future-proofing

News & Analysis

Amendments to Act on Prevention of Divulgence and Protection of Industrial Technology passed at the National Assembly’s Plenary Session

10 January 2025 by Lee & Ko

(Supplementations to National Core Technology Regulations and Enhancement on Industrial Technology Protection)

News & Analysis

A New Era for AI: Republic of Korea Takes a Bold Step with AI Regulation

10 January 2025 by Lee & Ko

Amid the recent political turmoil following the impeachment of the President, the National Assembly successfully passed the Framework Act on Artificial Intelligence Development and Establishment of a Foundation for Trustworthiness (AI Framework Act) on December 26, 2024.

News & Analysis

Recent Trends in Amendments to Intellectual Property Law in Korea

10 January 2025 by Lee & Ko

Changes to the Patent Term Extension System, Introduction of Quintuple Damages for Trademark Infringement, Etc.

News & Analysis

Korea Fair Trade Commision's New Roadmap For Online Platform Regulation

24 September 2024 by Lee & Ko

On September 11, 2024, the Korea Fair Trade Commission (the KFTC) announced a new roadmapfor the legislation of the online platform regulation.

News & Analysis

FSC Unveils Network Separation Improvement Roadmap

30 August 2024 by Lee & Ko

- Expanding the Use of Generative AI and SaaS in the Financial Sector -

News & Analysis

Selected 2024 Tax Law Amendment Proposals

23 August 2024 by Lee & Ko

On July 25, 2024, the Ministry of Economy and Finance released the 2024 proposed tax law amendment proposals (“Proposals”)

News & Analysis

The MOTIE Amends Public Notice on Designation of NCT

01 August 2024 by Lee & Ko

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).

News & Analysis

FSC Announces Guidelines on Determining NFTs’ Status as Virtual Assets

12 July 2024 by Lee & Ko - South Korea

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.

News & Analysis

Recent Developments Regarding Attorney-Client Privilege in Korea

12 July 2024 by Lee & Ko - South Korea

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.