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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: Act on Human Rights and Environment Protection for Sustainable Business Administration of Corporations Proposed by Rep. Jung Tae-ho (Democratic Party of Korea) ● ESG policies are now considered a key factor in business management in achieving corporate sustainability and long-term value. In tandem with the global trend of mandating human rights and environmental due diligence within supply chains, thi...

270,000 Common Stock of Yuanta 12 Special Purpose Acquisition Company Co., Ltd. are subject to a Lock-Up Agreement Ending on 17-SEP-2023. These Common Stock will be under lockup for 191 days starting...

One in 5 drivers in Seoul to have been ticketed has unpaid parking violation fines, resulting in an accumulated unpaid sum of 11.3 billion won ($8.5 million), the city of Seoul reported. According to data released by the Seoul Metropolitan Government on Sunday, the capital city witnessed approximately 1.42 million parking violation instances during an eight-month period from January to August this year. A total of 55...

The board of directors at Korea's public broadcaster KBS passed a motion Tuesday to dismiss CEO Kim Eui-chul with the end of his term still more than a year away.