Weekly Legislative Report (For the week of September 29, 2025 – October 3, 2025)
As the first-ever Korean law firm to issue specialized legislative journals, D&A 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, D&A 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 Securities-Related Class Action Act
This Amendment changes the title of the Act to the Financial Consumer Class Action Act and expands the scope of class actions beyond the securities sector to encompass all lawsuits arising from financial transactions.
② Mobile Communications Security Act
This Bill mandates the three major mobile carriers to carry out risk identification inspections at least once a year and establish security plans based on the inspection results.
2. Pending Bill(s)
③ Partial Amendment to the Commercial Act
This Amendment mandates the immediate cancellation of treasury stocks upon acquisition and requires treasury stocks acquired before the enforcement of this Amendment to be cancelled within six months.
3. Serious Accidents Punishment Act ("SAPA") Related Editorials and Columns from Major Dailies
[D News] Government Launches “Four-Tier Safety Net” to Protect Foreign Workers
[The Korea Economic Daily] No More Hiding Serious Accidents … Both ESG Evaluations and Disclosure Rules to Be Strengthened
[The JoongAng] Police Launch 100-Member Serious Accident Investigation Team, Including Dedicated Forensic Unit
*For more details, please download the PDF file attached.