Bills in Focus In series
A weekly report by the law firm D&A providing the latest information on bills
Bills in Focus In series
A weekly report by the law firm D&A providing the latest information on bills
Sustainability report, transaction safeguard requirements
Proposed Bill: Partial Amendment to the Financial Investment Services and Capital Markets Act Proposed by Rep. Lee Hun-seung (People Power Party) Proposed Bill: Partial Amendment to the Electronic Financial Transactions Act Proposed by Rep. Kim Yong-man (Democratic Party of Korea) Pending Bill: Class Action Act Proposed by Rep. Park Kyoon-taek (Democratic Party of Korea) Promulgated Bill: Framework Act on Supply Chain Stabilization Support for Economic Security Competent Authority: Ministry of F
May 13, 2026 - 10:35:51Performance evaluation for public institutions, capital gains tax credit cap
Proposed Bill: Partial Amendment to the Act on the Management of Public Institutions Proposed by Rep. Choi Hyuck-jin (Independent) Proposed Bill: Partial Amendment to the Income Tax Act Proposed by Rep. Yoon Jong-o (Progressive Party) Pending Bill: Class Action Act Proposed by Rep. Park Kyoon-taek (Democratic Party of Korea) Promulgated Bill: Special Act on Strengthening and Supporting the Competitiveness of the Petrochemical Industry Competent Authority: Ministry of Trade, Industry and Resource
May 6, 2026 - 10:18:32Treasury share cancellation, tax credits for strategic tech production
Proposed Bill: Partial Amendment to the Financial Investment Services and Capital Markets Act Proposed by Rep. Lee Jung-mun (Democratic Party of Korea) Proposed Bill: Partial Amendment to the Act on Restriction on Special Cases Concerning Taxation Proposed by Rep. Kim Jung-jae (People Power Party) Pending Bill: Special Act on Construction Safety Proposed by Rep. Moon Jin-seog (Democratic Party of Korea) Administrative Announcement: Partial Amendment to the Rule on Safety of Drugs etc. Competent
April 27, 2026 - 09:58:44Profit-taking regulation criteria change, secondary payment obligation for wage claims
Proposed Bill: Partial Amendment to the Monopoly Regulation and Fair Trade Act Proposed by Rep. Lee In-young (Democratic Party of Korea) Proposed Bill: Partial Amendment to the Wage Claim Guarantee Act Proposed by Rep. Kim Wi-sang (People Power Party) Pending Bill: Class Action Act Proposed by Rep. Park Kyoon-taek (Democratic Party of Korea) Promulgated Bill: Act on Promotion of Information and Communications Network Utilization and Information Protection Competent Authority: Korea Media and Com
April 20, 2026 - 15:40:46Sustainability disclosures, ICT ministry probe powers
Proposed Bill: Partial Amendment to the Financial Investment Services and Capital Markets Act Proposed by Rep. Park Sang-hyuk (Democratic Party of Korea) Proposed Bill: Partial Amendment to the Act on Promotion of Information and Communications Network Utilization and Information Protection Proposed by Rep. Kim Jang-kyom (People Power Party) Pending Bill: Partial Amendment to the Act on Corporate Governance of Financial Companies Proposed by Rep. Kim Nam-geun (Democratic Party of Korea) Administ
April 12, 2026 - 11:05:04Food grading and labeling requirements, operating hour cap lift for super supermarkets
Proposed Bill: Partial Amendment to the Act on Labeling and Advertising of Foods Proposed by Rep. Huh Sung-moo (Democratic Party of Korea) Proposed Bill: Partial Amendment to the Act on Restriction on Special Cases Concerning Taxation Proposed by Rep. Min Byoung-dug (Democratic Party of Korea) Pending Bill: Partial Amendment to the Distribution Industry Development Act Proposed by Rep. Woo Jae-jun (People Power Party) Promulgated Bill: Enforcement Decree of the Petroleum and Alternative Fuel Bus
April 6, 2026 - 11:09:53Data breach liability up, PE disclosure rules tighten
Proposed Bill: Partial Amendment to the Commercial Act Proposed by Rep. Kim Hyun-jung (Democratic Party of Korea) Proposed Bill: Partial Amendment to the Financial Investment Services and Capital Markets Act Proposed by Rep. Lee Kang-ill (Democratic Party of Korea) Pending Bill: Partial Amendment to the Electronic Financial Transactions Act Proposed by Rep. Yoo Dong-soo (Democratic Party of Korea) Promulgated Bill: Personal Information Protection Act Competent Authority: Personal Information Pro
March 30, 2026 - 11:04:49Tech researchers' working hours, new options for class action suits
Proposed Bill: Partial Amendment to the Labor Standards Act Proposed by Rep. Kim Wi-sang (People Power Party) Proposed Bill: Class Action Act Proposed by Rep. Seo Young-kyo (Democratic Party of Korea) Pending Bill: Partial Amendment to the Distribution Industry Development Act Proposed by Rep. Kim Dong-ah (Democratic Party of Korea) Promulgated Bill: Trade Union and Labor Relations Adjustment Act Competent Authority: Ministry of Employment and Labor Administrative Announcement: Partial Amendment
March 23, 2026 - 11:10:54Govt. survey on device security, higher penalty for unfair subcontracting
Proposed Bill: Partial Amendment to the Act on Promotion of Information and Communications Network Utilization and Information Protection Proposed by Rep. Kim Jang-kyom (People Power Party) Proposed Bill: Partial Amendment to the Fair Transactions in Subcontracting Act Proposed by Rep. Kim Seung-won (Democratic Party of Korea) - This bill would raise the upper cap on the fixed penalty surcharge for unfair trade practices in subcontracting transactions to 10 billion won ($6.75 million). Pending B
March 16, 2026 - 11:54:59Self-appraisal penalties, stricter rules for CEO reappointment
Proposed Bill: Partial Amendment to the Act on Appraisal and Certified Appraisers Proposed by Rep. Moon Jin-seog (Democratic Party of Korea) Proposed Bill: Partial Amendment to the Act on Corporate Governance of Financial Companies Proposed by Rep. Kim Hyun-jung (Democratic Party of Korea) Pending Bill: Special Act on the Construction Safety Proposed by Rep. Moon Jin-seog (Democratic Party of Korea) Promulgated Bill: Occupational Safety and Health Act Competent Authority: Ministry of Employment
March 9, 2026 - 10:22:23Personal data breach compensations, measures to facilitate collective relief
Proposed Bill: Partial Amendment to the Personal Information Protection Act Proposed by Rep. Kim Yong-man (Democratic Party of Korea) Proposed Bill: Class Action Act Proposed by Rep. Yong Hye-in (Basic Income Party) Pending Bill: Partial Amendment to the Commercial Act Proposed by Rep. Oh Gi-hyoung (Democratic Party of Korea) Promulgated Bill: Act on the Promotion of Mutually Beneficial Cooperation Between Large Enterprises and Small and Medium Enterprises Competent Authority: Ministry of SMEs a
March 2, 2026 - 13:24:22Establishment of Real Estate Supervisory Service, superstore online delivery regulation ease
Proposed Bill: Act on the Establishment and Operation of the Real Estate Supervisory Service Proposed by Rep. Kim Hyun-jung (Democratic Party of Korea) Proposed Bill: Partial Amendment to the Distribution Industry Development Act Proposed by Rep. Kim Dong-ah (Democratic Party of Korea) Pending Bill: Partial Amendment to the Commercial Act Proposed by Rep. Oh Gi-hyoung (Democratic Party of Korea) Promulgated Bill: Special Act on Strengthening Competitiveness of and Promoting Support for the Semic
Feb. 24, 2026 - 09:29:10Sugar levy introduction, class action on general corporate torts
Proposed Bill: Partial Amendment to the National Health Promotion Act Proposed by Rep. Lee Soo-jin (Democratic Party of Korea) Proposed Bill: Class Action Act Proposed by Rep. Kim Hyun-jung (Democratic Party of Korea) Pending Bill: Partial Amendment to the Commercial Act Proposed by Rep. Oh Gi-hyoung (Democratic Party of Korea) Promulgated Bill: Enforcement Decree of the Act on Support for Research and Development of Business-Affiliated Research Institutes, etc. Competent Authority: Ministry of
Feb. 19, 2026 - 13:48:13Yellow Envelope Act deference, foreign stock reshoring benefits
Proposed Bill: Partial Amendment to the Trade Union and Labor Relations Adjustment Act Proposed by Rep. Song Eon-seog (People Power Party) Proposed Bill: Partial Amendment to the Act on Restriction on Special Cases Concerning Taxation Proposed by Rep. Jung Tae-ho (Democratic Party of Korea) Pending Bill: Partial Amendment to the Commercial Act Proposed by Rep. Oh Gi-hyoung (Democratic Party of Korea) Promulgated Bill: Digital Medical Products Act Competent Authority: Ministry of Food and Drug Sa
Feb. 10, 2026 - 12:04:43Cancellation of treasury shares upon acquisition, AI watermarks and labels
Proposed Bill: Partial Amendment to the Act on Corporate Governance of Financial Companies Proposed by Rep. Kim Seung-won (Democratic Party of Korea) Proposed Bill: Partial Amendment to the Commercial Act Proposed by Rep. Lee Jung-mun (Democratic Party of Korea) Pending Bill: Partial Amendment to the Commercial Act Proposed by Rep. Kim Tae-nyeon (Democratic Party of Korea) Promulgated Bill: Framework Act on the Development of Artificial Intelligence and the Creation of a Foundation for Trust Com
Feb. 8, 2026 - 09:20:58