Weekly Legislative Report for the week of September 26, 2022 – September 30, 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 Occupational Safety and Health Act
This Amendment stipulates details to be included in an investigation report, such as information on serious accidents, cause analysis, and preventive measures for recurrence, and provides an explicit legal basis for the above matters. The Amendment obliges business owners to publish a serious accident investigation report within three months.
② Act on Fostering and Supporting Digital Forensics Industry
This Amendment requires the Minister of Science and ICT to establish and implement a master plan for the promotion of the digital forensics industry every three years and to establish and implement an annual implementation plan in accordance with the master plan.
2. Pending Bill(s)
③ Partial Amendment to the Commercial Act
This Amendment adds “shareholders’ proportional interests” to the subject of directors' duty of loyalty.
3. Promulgated Bill(s)
④ Framework Act on Carbon Neutrality and Green Growth for Coping with Climate Crisis
This Bill implements climate change impact assessment as well as environmental impact assessment for national plans and development projects.
4. Bill(s) Undergoing Pre-Announcement of Legislation/Administration
⑤ Partial Amendment to the Enforcement Rule of the Act on the Promotion of Saving and Recycling of Resources
This Amendment sets the deposit amount at KRW 300 per cup and establishes as a principle that disposable cups may be returned to stores other than the store where they are purchased, regardless of business marks, while allowing returns by each business mark exceptionally in the early stages of implementation.
5. Serious Accidents Punishment Act ("SAPA") Related Editorials and Columns from Major Dailies
