Enforcement Rule News Today

Pending Bill: Special Act on the Expansion of the National Power Grid Proposed by Kim Sung-won (People Power Party) ● The evolving electricity production and high-tech industries have called for expanding the national power grid to address the increased supply of renewable energy and the need for a long-distance power transmission network. In particular, the success of new investments in high-tech industries, such a...

Proposed Bill: Partial Amendment to the Act on Special Measures for Strengthening the Competitiveness of, and Protecting National High-tech Strategic Industries Proposed by Rep. Yang Hyang-ja (Hope of Korea) ● In response to demands to diversify and strengthen government support for specialized complexes and high-tech technologies, this amendment allows the state to directly create industrial infrastructure of speci...

Proposed bill: Partial Amendment to the Customs Act Proposed by Rep. Jin Sun-mee (Democratic Party of Korea) ● The alarming increase in the degree of brokerage fees paid by duty-free shop operators to promote the sales of their bonded goods has caused concern over the profitability and competitiveness of the duty-free industry. This amendment limits such brokerage fees to a level set by presidential decree, but with...

Proposed bill: Partial Amendment to the Act on Promotion of Information and Communications Network Utilization and Information Protection Proposed by Rep. Yoon Doo-hyun (People Power Party) ● Disinformation is difficult to recognize but can be rapidly reproduced and distributed across various communication channels. Not only can this lead to defamation and privacy violations, but disinformation can also be especiall...

Compliance with HIPAA is essential for covered entities and their business associates to protect sensitive health data, maintain patient trust, and avoid legal and financial consequences.

Proposed bill: Partial Amendment to the Act on Corporate Governance of Financial Companies Proposed by Rep. Yoon Han-hong (People Power Party) ● The frequent occurrence of financial accidents has raised the need for financial companies to strengthen the monitoring of their internal control system. To ensure financial companies operate an effective internal control system, this amendment establishes an internal contr...

Proposed bill: Partial Amendment to the Monopoly Regulation and Fair Trade Act Proposed by Rep. Kim Han-kyu (Democratic Party of Korea) ● Although the current law stipulates stringent penalties against the provision of unfair benefits to specially related parties, the effectiveness of such penalties is limited due to the insufficient time frame given by the current statute of limitations. This amendment extends the ...

The U.S. Department of Health and Human Services (HHS) Office of Inspector General (OIG) announced its final rule (the Enforcement Rule) implementing the information blocking penalties...

South Korean military decides not to view homosexual intercourse as harassment Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.

Learn about healthcare information privacy and security regulations from the legal experts at Ballard Spahr.