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[Bills in Focus] Removing elevated railways, deferring taxation on inherited shares

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.

[Bills in Focus] Holding CEOs accountable for lack of internal financial control

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.

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