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 Labor Standards Act
This Amendment prohibits discrimination based on employment type and establishes that work performed by workers of different employment types shall be considered of equal value if it involves the same or similar technologies, labor intensity, and work conditions.
② Partial Amendment to the Act on the Consumer Protection in Electronic Commerce
This Amendment imposes joint compensation liability on the mail order broker for damages caused by the fraudulent actions of the requester of the mail order brokerage, such as selling counterfeits or writing fake reviews.
2. Pending Bill(s)
③ Partial Amendment to the Distribution Industry Development Act
This Amendment allows discount stores and quasi-superstores to operate online businesses without being subject to compulsory closedown and restrictions on business hours.
3. Promulgated Bill(s)
④ Enforcement Decree of the Broadcasting Act
This Bill mandates the TV license fee of the Korea Communications Commission to be collected separately from electricity bills.
4. Bill(s) Undergoing Pre-Announcement of Legislation/Administration
⑤ Partial Amendment to the Enforcement Decree of the Foreign Exchange Transactions Act
This Amendment allows Registered Foreign Institutions (RFIs) to participate in the onshore financial exchange market.
5. Serious Accidents Punishment Act ("SAPA") Related Editorials and Columns from Major Dailies
