Bills in Focus In series
A weekly report by the law firm DR & AJU providing the latest information on bills

Bills in Focus In series
A weekly report by the law firm DR & AJU providing the latest information on bills
Union transparency, eased disclosure rules and emissions control in cement plants
Proposed bill: Partial Amendment to the Income Tax Act Proposed by Rep. Suh Bum-soo (People Power Party) ● The current legal system classifies membership fees paid by trade union members as general donations. However, trade unions are not obliged to submit a statement of account for public disclosur
June 12, 2023 - 17:49:00Sudden car acceleration, AI regulation and ESG incentives
Proposed bill: Partial Amendment to the Motor Vehicle Management Act Proposed by Rep. Han Jun-ho (Democratic Party of Korea) ● Amid the series of recent car accidents involving suspected sudden unintended acceleration, car accident victims have found it difficult to prove the causality between a car
June 5, 2023 - 21:00:36News portal transparency, labor union protection and golf course deregulation
Proposed Bill: Partial Amendment to the Act on the Promotion of Newspapers Proposed by Rep. Yoon Doo-hyun (People Power Party) ● An increasing number of people have begun using online news services to read the news, implying that public opinion can be significantly influenced by the positioning of n
June 5, 2023 - 10:05:37Corporate crises, special business zones and tax exemptions
Proposed Bill: Partial Amendment to the Corporate Restructuring Promotion Act Proposed by Rep. Kim Jong-min (Democratic Party of Korea) ● The Corporate Restructuring Promotion Act was initially enacted in 2001 to enable autonomous restructuring between financial creditors and companies. Due to its e
May 22, 2023 - 19:02:43Fighting DUIs, pay transparency and tech deregulation
Proposed Bill: Partial Amendment to the Road Traffic Act Proposed by Rep. Kim Gi-hyeon (People Power Party) ● Although the number of driving under the influence cases has decreased throughout the past five years, the recidivism rate remains high in around 40 percent. As drunk driving tends to be hab
May 16, 2023 - 18:19:36Early dividend settlement, cyber threat and new airport
Proposed Bill: Partial Amendment to the Financial Investment Services and Capital Markets Act Proposed by Rep. Kim Hee-gon (People Power Party) ● In the current Act, the stockholders eligible for dividend payout are determined several months before the finalization of the actual dividend amount, whi
May 8, 2023 - 17:19:46Remote diagnostics, eased housing rule and fair hiring
Proposed Bill: Partial Amendment to the Medical Service Act Proposed by Rep. Kim Sung-won (People Power Party) ● The government temporarily allowed non-face-to-face (NF2F) medical diagnosis after COVID-19 social distancing policies made it difficult for people to visit medical institutions. Since th
May 1, 2023 - 17:29:28Borrowers‘ relief, chip tax cuts and union transparency
〈For the week of April 10-14〉 Proposed bill: Partial Amendment to the Banking Act Proposed by Rep. Min Byoung-dug (Democratic Party of Korea) ● High interest rates have allowed banks to reap massive interest earnings while ordinary people and financial consumers have had to bear the brunt of the sit
April 24, 2023 - 18:38:02