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[Bills in Focus] Multilateral off-board trading, industrial transformation support

Pending Bill: Partial Amendment to the Financial Investment Services and Capital Markets Act Proposed by Yun Chang-hyun (People Power Party) ● Under the Financial Investment Services and Capital Markets Act, only regulations concerning issuance apply to investment contract securities due to their atypical characteristics and limited distribution potential. However, unlike before, online transaction platforms have ma.

[Bills in Focus] Gimpo-Seoul merger proposal, cord blood use for regenerative medicine

Proposed bill: Special Act on the Change of Jurisdiction of Gyeonggi Province and Seoul Metropolitan City Proposed by Rep. Cho Kyoung-tae (People Power Party) ● Due to its geographical location, Gimpo citizens interact more with Seoul than other parts of Gyeonggi Province, with a high percentage of its population commuting from Gimpo to Seoul. Therefore, this bill aims to resolve the disparity between the administra.

[Bills in Focus] Broader offshore financial support, mobility regulatory sandbox

Proposed bill: Partial Amendment to the Fair Transactions in Franchise Business Act Proposed by Rep. Yu Eui-dong (People Power Party) ● Under the current act, franchisers can designate goods or services vital for trademark protection as “essential items” and require their franchisees to trade these items with particular trading partners. However, a growing number of disputes have arisen between franchise.

[Bills in Focus] Eased land use within industrial complexes, tackling faulty construction

Proposed bill: Partial Amendment to the Industrial Sites and Development Act Proposed by Rep. Hong Suk-joon (Democratic Party of Korea) ● Industrial complexes are currently experiencing a decrease in competitiveness and a reduced inflow of young people due to dilapidated infrastructure and a lack of accommodation. To expand the land dedicated to accommodation and invigorate renovation projects, this amendment simpli.

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