Page 8 - Partial Amendment News Today : Breaking News, Live Updates & Top Stories | Vimarsana

[Translation] October 16, 2023 ...

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...

Proposed bill: Partial Amendment to the Industrial Sites and Development Act Proposed by Rep. Hong Suk-joon (Democratic Party of Korea) ● Industrial complexes are currently experiencing a decrease in competitiveness and a reduced inflow of young people due to dilapidated infrastructure and a lack of accommodation. To expand the land dedicated to accommodation and invigorate renovation projects, this amendment simpli...

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...