Page 3 - Partial Amendment News Today

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...

Proposed Bill: Partial Amendment to the Act on Labeling and Advertising of Foods Proposed by Rep. Hwang Hee (Democratic Party of Korea) ● An increasing number of food manufacturing companies have been reducing the volume of their products while maintaining or raising their prices. However, these changes in quantity are not as easy for consumers to notice as price increases. Therefore, this amendment aims to protect ...

Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the...

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...

日本語: Japan Renewables Alert 66 Today's Topic When installing renewable energy facilities, renewable developers are expected to consider the local environment and the daily lives of...

Proposed Bill: Partial Amendment to the Software Promotion Act Proposed by Rep. Yoon Doo-hyun (People Power Party) ● This amendment aims to minimize quality problems in software projects by allowing companies to participate in public domain software projects based on capacity. It exceptionally allows large enterprises to engage in design and planning projects that are ordered separately from software development pro...

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...

Proposed bill: Special Act on the Transition of Elevated Metro Lines Including Line 1 of Seoul to Underground Lines Proposed by Rep. Lee In-young (Democratic Party of Korea) ● Elevated railways, such as Seoul Subway Line 1, are perceived to be the cause of noise pollution and safety issues. This bill aims to facilitate the implementation of projects to transform elevated railways into underground railways by establi...

Proposed bill: Partial Amendment to the Act on the Protection of Financial Consumers Proposed by Rep. Kim Sung-joo (Democratic Party of Korea) ● Persisting high prices and interest rates have benefited certain financial companies at the expense of financially vulnerable people and small-business operators. This amendment requires financial companies with a net interest margin exceeding 120 percent of their average n...

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...