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Legislation & Government Relations Consulting Center 2022-01-13
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Weekly Legislative Report (For the week of Jan 3, 2022 – Jan 7, 2022)

Weekly Legislative Report for the week of Jan 3, 2022 – Jan 7, 2022



As the first-ever Korean law firm to issue specialized legislative journals, DR & AJU LLC has been publishing the monthly Policy & Business (P&B) Report since August 2019. The P&B Report provides analyses of plenary sessions of the National Assembly, as well as standing committee and subcommittee meetings. In addition, the firm has been co-hosting the Future Leaders Forum with the Herald Business, inviting chairpersons of standing committees to discuss relevant legislative issues and tasks.

As an extension of this service, DR & AJU has also been issuing the Weekly Legislative Report, which covers various legal issues at the center of public debate along with editorials and columns on the Serious Accidents Punishment Act (“SAPA”) from major daily news outlets. The report will be released with an update on newly proposed or pending bills. Enclosed is this week’s legislative report, and please refer to the P&B Report for further details. 

If you wish to subscribe to the P&B Report or have any other queries, please contact us at pr@draju.com.



1. Proposed Bill(s)

① Partial Amendment to the Personal Information Protection Act

This Amendment stipulates the definition of biometric information and limitations to the processing of biometric information.

② Partial Amendment to the Occupational Safety and Health Act

This Amendment stipulates employers’ obligations to provide protective equipment to employees. The protective equipment shall be provided to employees considering their sex and physical conditions.


2. Urgently Enacted Bill(s)

③ - ⑤ Partial Amendment to the Act on the Management of Public Institutions

This Bill allows employee representatives to be part of the board of directors and contribute to the institutional decision-making process. The introduction of the labor director system shall be stated in the deliberation and resolution of the Committee. The Bill introduces a system to include personnel recommended by labor unions into non-executive directors of public institutions.


3. Promulgated Bill(s)

⑥ Act on the Protection of and Support for Platform Workers

This Bill mandates businesses using platforms to prepare written contracts with platform workers and allows them to establish mutual aid associations.

Act on Designation and Management of Free Trade Zones

This Bill gives priority to repatriating enterprises when moving into industrial complexes. The Bill also supplies exclusive lands and gives preferential treatment for export credit guarantee limits and guarantee fees to such enterprises.


4. Bill(s) Undergoing Pre-Announcement of Legislation/Administration

Partial Amendment to the Enforcement Decree of the Act on the Promotion of Venture Investment

This Amendment eases the minimum amount required for accelerators to form venture funds from KRW 2 billion to KRW 1 billion.


5. Serious Accidents Punishment Act ("SAPA") Related Editorials and Columns from Major Dailies

 


*For more details, please download the PDF file attached.