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(US and Korea competition authorities signed MOU on competition cooperation)

USA, South Korea - October 5 2015 미 법무부(Department of Justice)와 연방거래위원회 (Federal Trade Commission)는 한국 공정거래위원회와 9월 8일 워싱턴, D.C.에서 양국의 경쟁당국간 협력 및 교류를 증진하기 위한 업무협약(Memorandum of...

Korea passes Foreign Legal Consultant Act, opening the country's legal service market to law firms in foreign countries that are parties to effective free trade agreements with Korea

South Korea - April 13 2009 On March 2, 2009, the Korean National Assembly passed new legislation, the Foreign Legal Consultant Act (FLCA), permitting foreign lawyers to register as "foreign legal consultants (FLCs)" and foreign law firms to open offices in Korea, which are called "foreign legal consulting offices (FLCOs)" under the Act, provided that the countries of jurisdiction where they are licensed have signed and ratified free trade agreements (FTAs) with Korea, including liberalization of the legal services market....