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Bills in Focus In series
A weekly report by the law firm DR & AJU providing the latest information on bills
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Bills in Focus In series
A weekly report by the law firm DR & AJU providing the latest information on bills
Would you like to subscribe?
Corporate 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 - 19:02:43
Fighting 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 - 18:19:36
Early 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 - 17:19:46
Remote 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 - 17:29:28
Borrowers‘ 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
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