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 Nuclear Safety Act
 
This Amendment introduces a “prior review” system under which persons intending to construct new reactors or related facilities, or to apply for approval of standard designs, may request the Nuclear Safety and Security Commission to review their draft designs prior to full-scale authorization and licensing applications.
 
② Partial Amendment to the Act on Promotion of Information and Communications Network Utilization and Information Protection

This Amendment provides that an administrative fine of up to 3 percent of the sales amount, as prescribed by Presidential Decree, may be imposed on information and communications service providers that knowingly fail to report or delay the reporting of a security incident, fail to submit required materials or submit false information, refuse or obstruct an investigation, or violate an order to preserve materials.

2. Pending Bill(s)
 
③ Partial Amendment to the Act on Prohibition of Age Discrimination in Employment and Elderly Employment Promotion

This Amendment raises the statutory retirement age to 65 and stipulates the State’s duty to provide support, such as the payment of incentives to employers who extend the retirement age.
 
3. Promulgated Bill(s)
 
④ Enforcement Decree of the Act on Promotion of Information and Communications Network Utilization and Information Protection
 
This Bill requires mobile virtual network operators (MVNOs) to report the appointment of a chief information security officer regardless of their business size, and mandates telecommunications business operators that resell mobile telecommunications services to obtain certification for their information security management systems.

4. Serious Accidents Punishment Act ("SAPA") Related Editorials and Columns from Major Dailies
 
[The Korea Economic Daily] “Workers at Risk” … AI CCTV Prevents Serious Accidents
[The Korea Times] New “Overextension Prevention System” for Aerial Work Platforms Helps Prevent Industrial Accidents
[Yonhap News] Zero Serious Accidents in Logging Operations … Labor Ministry Pushes for Safety Enhancement Measures

*For more details, please download the PDF file attached.