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 lc@draju.com.
1. Proposed Bill(s)
① Partial Amendment to the Medical Service Act
This Amendment allows non-face-to-face medical diagnosis for new patients through the Ordinance of the Ministry of Health and Welfare.
② Partial Amendment to the Housing Act
This Amendment consolidates real estate regulatory areas that were previously divided into areas subject to adjustment, high-speculation areas, and designated areas into real estate management areas.
2. Pending Bill(s)
③Partial Amendment to the Fair Hiring Procedure Act
This Amendment prohibits the preferential or special recruitment of children of long-term employees or retirees.
3. Promulgated Bill(s)
④ Enforcement Decree of the Act on the Control of Manufacture of Specific Substances for the Protection of the Ozone Layer
This Enforcement Decree mandates manufacturers and importers of HFC, an alternative refrigerant widely used for substances that deplete the ozone layer, to obtain government approval in accordance with the enforcement of HFC regulations.
4. Bill(s) Undergoing Pre-Announcement of Legislation/Administration
⑤ Partial Amendment to the Enforcement Decree of the Foreign Exchange Transactions Act
This Amendment raises the threshold amount for capital transactions subject to administrative fines when violating the obligation of mandatory reporting from USD 20,000 to USD 50,000 per transaction.
5. Serious Accidents Punishment Act ("SAPA") Related Editorials and Columns from Major Dailies
