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Searching Content from South Korea indexed under Corporate/Commercial Law ordered by Published Date Descending.
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1
Doing Business In Korea: What You And Your Client Need To Know
Approximately 16,000 foreign companies are doing business in Korea in various industries including finance, technology ...
South Korea
12 Apr 2019
2
More South Korean Companies Required To Appoint External Auditors
Following amendments to an act ("The Act on External Audit of Stock Companies, etc") on October 31, 2017, many joint stock and limited companies operating in South Korea now have to face mandatory external audits.
South Korea
21 Feb 2019
3
Guidance On Shareholder Activity In Accordance With The Stewardship Code
The Stewardship Code is a set of principles or guidelines on fiduciary responsibilities released on December 19, 2016 by Korea Corporate Governance Service.
South Korea
6 Jul 2017
4
Implementation Details Of Korea's "Sunshine Act" Under Discussion.
On June 3, 2017, Korea's version of the "Sunshine Act" will go into effect.
South Korea
6 Mar 2017
5
Regulatory Reform: FSC Eases Various Licensing And Eligibility Requirements For Asset Management Companies
On May 11, 2016, the FSC announced comprehensive plans to reform the licensing policies and regulations to promote market competition and innovation in the Korean asset management industry.
South Korea
27 Jan 2017
6
Regulatory Reform: FSC's New Supervisory Measures Relating To Corporate Governance Regulations Of Financial Institutions Now In Effect
Beginning August 1, 2016, Korea's revised law on the corporate governance of financial companies took effect. On the same day, the FSC announced its year-long review of controlling shareholders...
South Korea
26 Jan 2017
7
Supreme Court's Exceptional Decision On Performance Guarantee Deposit Despite Contractual Language
On July 14, 2016, the Supreme Court reversed the lower court's decision in the lawsuit brought by a consortium of investors led by Hanwha Chemical Corporation (such consortium, "Hanwha") against the "KDB"...
South Korea
26 Jan 2017
8
The "Special Act On Revitalizing Companies" (The So-Called "One-Shot Act"), Aimed At Enhancing The Competitiveness Of Industries And Vitality Of Companies, To Take Effect In August 2016
On February 4, 2016, the National Assembly of the Republic of Korea passed the "Special Act on Revitalizing Companies," which is commonly referred to as the "One-Shot Act"...
South Korea
25 Jan 2017
9
Implementation Of Integrated Accounts (Omnibus Accounts)For Foreigners To Improve The Investment Regime Applicable To Foreigners
The "FSC" announced on February 1, 2016 that it intends to reform the existing regulatory regime applicable to foreigners investing in listed securities by introducing integrated accounts...
South Korea
25 Jan 2017
10
New Act On Governance Of Financial Institutions
The AGFI adopts enhanced soundness standards by employing broadened qualification tests for major shareholders.
South Korea
23 Jan 2017
11
Treasury Shares As A Defence Mechanism Against Hostile Takeovers
As a general rule, the Korean Commercial Code (KCC) forbids a company from acquiring its own shares (treasury shares) in accordance with principles of capital adequacy.
South Korea
23 Jan 2017
12
The Introduction And Implications Of The Act On Fair Transactions With Dealers
On December 3, 2015, the National Assembly of Korea passed the Act on Fair Transactions with Dealers. To take effect on December 23, 2016, the Act will be applicable to the contracts...
South Korea
18 Jan 2017
13
Korea Announced The Revised Regulation Along With An Administrative Notice Implementing The Local And Master File Requirements As An Implementation Of The BEPS Action 13
On April 14 2016, the MOSF also issued an administrative notice (the "Notice") setting forth the guidance on how and by whom the CRITI may be prepared and filed.
South Korea
12 Jan 2017
14
Korean Regulator, Encouraging Financial Institutions By Relaxing The Chinese Wall Regulations
On 28 June 2016, the Korean government enacted an amendment to the Enforcement Decree of the FSCMA which, among others, expands the exception to the Chinese wall regulations . . .
South Korea
11 Jan 2017
15
Franchising In South Korea - Important Updates To Disclosure Rules
South Korea has a franchise specific law ("Franchise Act") which imposes registration and disclosure obligations on franchisors.
South Korea
26 Jul 2016
16
Recent Developments In Korean Franchise Law
Since 2008 Korean franchise law has imposed registration and disclosure obligations on franchisors. In recent years this has seen a steady increase in the number of disclosure document registrations.
South Korea
2 Jun 2016
17
Changes to franchising laws in South Korea
A Presidential Decree is expected to provide further guidance for amendments to South Korea's franchise legislation.
South Korea
15 Feb 2014
18
Regulations On Bank And Bank Holding Company Ownership To Be Relaxed
On December 3, 2008, amendments to the enforcement decrees for the Bank Act and the Financial Holding Company Act respectively were promulgated, resulting in the relaxation of the test for a "non-financial business operator" ("NFBO") whose ownership of a bank or bank holding company is restricted.
South Korea
11 Feb 2009
19
Recent Developments To Monopoly Regulation And Fair Trade Act Of Korea
The Korean Fair Trade Commission (KFTC) reviewed its overall fair trade regime in 2006 and proposed a total of 34 items to amend in the Monopoly Regulation and Fair Trade Act (Fair Trade Act) and its Enforcement Decree.
South Korea
7 Nov 2007
20
The Distinction Between Information Gathering And Implicit Collusion
A recent ruling of the Korea Fair Trade Commission (KFTC) imposed substantial surcharges on six construction companies for collusion, finding that each of these companies conspired to bid for different sections of a construction project into which the construction works were divided and for which separate bids were procured.
South Korea
7 Nov 2007
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