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A civic group announced a list of 34 sitting and former lawmakers that it claimed should be excluded from nominations for April s general elections for poor parliamentary performances and ethical reasons. ....
Proposed Bill: Partial Amendment to the Financial Investment Services and Capital Markets Act Proposed by Rep. Kim Sung-joo (Democratic Party of Korea) ● As climate change responsiveness increasingly becomes an essential part of business operations, this amendment requires companies to disclose climate-related information, including risks related to climate change and corresponding response plans, greenhouse gas emi. ....
Conflict of interest prevention law should be strictly enacted The National Assembly passed a long-protracted bill Thursday night designed to prevent civil servants from seeking personal gain using information pertinent to their job responsibilities. It also passed a revised bill that prohibits lawmakers from pursuing individual gains based on information they obtained through their parliamentary activities. We welcome the legislation of the anti-graft bill as it will surely reduce the possibility of corruption related to public decision making, and elevate ethical standards in officialdom. The so-called conflict of interest prevention bill was first submitted to the National Assembly along with another proposed anti-graft law, the Kim Young-ran Act, in 2013. But the political parties largely failed to deliberate and deal with it for the past eight years in an apparent bid to protect their privileges, although they cited the obscure definition of the job scope of pub ....
LH scandal reignites move for bill to prevent conflicts of interest Posted : 2021-03-12 17:13 Updated : 2021-03-14 15:31 Police investigators carry boxes containing confiscated items during their search of a regional office of the state-run Korea Land and Housing Corporation (LH) in Gwacheon, Gyeonggi Province, March 9. Yonhap By Bahk Eun-ji The alleged speculative land purchases by employees at the Korea Land and Housing Corporation (LH) have reignited talks on the need for a law preventing public officials from being tasked with projects where there could be a conflict of interest. While legislative moves for such a regulation have not progressed in nearly a decade, the chances for the passage of a bill about such a ban seem high this time, as public anger has reached a peak regarding one of the most sensitive issues in the country ― real estate. ....
Gov’t, party to push for passage of prevention of conflict of interest bill Mar 11, 2021, 08:12 am Acting DP chairman and floor leader Kim Tae-nyeon speaks during a meeting of the top party council at the National Assembly on March 10, 2021/ Photographed by Lee Byung-hwa (photolbh) AsiaToday reporter Jo Jae-hak Amid increasing suspicion of land speculation involving employees of state-run institutions and civil servants, the government and the ruling Democratic Party (DP) decided to speed up the passage of a bill aimed at preventing conflicts of interest involving public officials, which has been stalled for eight years. As the DP vowed to pass the bill with the recent LH scandal, attention is on whether the bill can be approved at the National Assembly. ....