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Content

Proposed Bill 1 - The first bill would impose administrative fines of up to 50 million won on individual directors if their company fails to cancel treasury shares within one year of acquisition.
Proposed Bill 2 - The next bill would create a legal framework to implement the memorandum of understanding on strategic investments between Korea and the U.S.
Pending Bill - This bill would create a legal framework for token securities using blockchain and allow over-the-counter trades.
Promulgated Bill - This bill extends the validity of the current rules on quasi-superstores and traditional commerce preservation areas for four more years.
Administrative Announcement - This bill would require prime-contractor and subcontractor unions to bargain separately.