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The merger control regime in South Korea

South Korea - September 11 2019 An overview of the merger control regime in South Korea, including key phases of review, procedures and appeals.

Cecil Saehoon Chung, Kyu Hyun Kim, Seuk Joon Lee

Status and Outlook Regarding North Korea Economic Sanctions

North Korea, South Korea - July 24 2018 The recent inter-Korean summit in Panmunjeom in April 2018, and the United States (“US”)-North Korea summit in Singapore in June 2018, have brought…

Soo-Yeon Han, Woo, Jae Hyong, Yoo, Jai Eun Jane, Tong Chan Shin, Kim, Dong Soo

New Act on Governance of Financial Institutions

South Korea - June 30 2016 The Act on Governance of Financial Institutions (the "AGFI") which was promulgated on July 31, 2015 comes into effect as of August 1, 2016. In…

Kyu Sik Kim

Proposed Changes to Korean Asset Management Regulations - Greater Opportunities

South Korea - June 30 2016 Financial Services Commission ("FSC") recently announced proposed changes to regulations regarding asset management businesses and called for…

Gun Kim

New VAT legislation on provision of electronic services to Korean consumers by foreign businesses

South Korea - June 23 2015 The Korean National Assembly approved an extraterritorial Value Added Tax ("VAT") regime1 in December 2014 that imposes VAT on the supply of…

Soo-Jeong Ahn, Kyung Geun Lee, Kim, Dong Soo