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 Insurance Business Act
This Amendment immediately suspends the license of an insurance solicitor who has been convicted of insurance fraud.
② Act on Monopoly Regulation and Fair Trade of Online Platform Market
This Bill requires the Korea Fair Trade Commission to designate market-dominant platform business operators and prohibit unfair practices, acts causing conflicts of interest, acts that violate personal information, and others.
2. Pending Bill(s)
③Partial Amendment to the Trade Union and Labor Relations Adjustment Act
This Amendment prohibits claims for damage against workers or trade unions that participated in collective bargaining and industrial actions of trade unions, except for direct damages caused by acts of violence or destruction. This Amendment also expands the scope of the Act to also apply to subcontractors, workers in special employment types, freelancers, platform workers, etc.
3. Promulgated Bill(s)
④ Rules on Manufacturing, Distribution, and Management of Biological Medications
This Rule divides biological medications into three categories, applies separate temperature management obligations for each category, and improves the storage temperature maintenance obligations in transportation.
4. Bill(s) Undergoing Pre-Announcement of Legislation/Administration
⑤ Partial Amendment to the Enforcement Decree of the Special Act on the Reduction and Management of Fine Dust
This Amendment requires the performance of simple fine dust measuring instruments to be inspected and imposes administrative fines of KRW 100,000 to those who publicly disclose results measured by instruments that have been suspended from use.
5. Serious Accidents Punishment Act ("SAPA") Related Editorials and Columns from Major Dailies