News & Analysis as of

South Korea

Skadden, Arps, Slate, Meagher & Flom LLP

The Standard Formula: Encyclopaedia of Prudential Solvency – Chapter 13: The Prudential Solvency Regime in Korea

This chapter of the Encyclopaedia of Prudential Solvency discusses the prudential solvency regime in South Korea. The insurance sector there stands as one of the most dynamic and sophisticated in Asia, ranking as the seventh...more

Clark Hill PLC

New U.S. Antidumping Duty Petitions Target Polytetramethylene Ether Glycol from China, South Korea, Taiwan, and Vietnam

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BASF Corporation (“Petitioner”) filed new petitions with the U.S. Department of Commerce (“DOC”) and the U.S. International Trade Commission (“ITC”) seeking the imposition of antidumping duties (“AD”) on imports into the...more

Husch Blackwell LLP

Petition Summary: Polytetramethylene Ether Glycol from China, South Korea

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On April 8, 2026, BASF Corporation (“Petitioner”), filed a petition for the imposition of antidumping duties on the import of polytetramethylene ether glycol (“PTMEG”) from China, South Korea, Taiwan, and Vietnam....more

White & Case LLP

AI Watch: Global regulatory tracker - South Korea (UPDATED)

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South Korea's AI Act, the fundamental body of law governing AI, entered into force in January 2026....more

Clark Hill PLC

March 2026 Global Immigration Recap | APAC

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Below is an overview of the major updates from March 2026 in the Asia-Pacific region....more

Littler

Understanding South Korea’s New AI Law: Key Considerations for Multinational Employers

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South Korea has enacted the Framework Act on the Development of Artificial Intelligence and Establishment of Trust (the “AI Basic Act” or the “Act”), which took effect on January 22, 2026. The law represents one of the first...more

Ius Laboris

South Korean Supreme Court Rules on Performance Bonuses

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On 29 January 2026, the Supreme Court issued two long-awaited rulings clarifying how performance bonuses are to be treated when determining an employee’s ‘average wage’....more

Clark Hill PLC

January 2026 Global Immigration Recap | APAC

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Below is an overview of the major updates from January 2026 in the Asia-Pacific region....more

Brownstein Hyatt Farber Schreck

Defense Trade/Arms Exports Highlights – 2025 Year in Review, Indo-Pacific

2025 saw many Indo-Pacific nations sharply increase defense spending and military sales in response to rising tensions. Regional governments focused on expanding deterrence and maritime security through procurement of naval...more

Eversheds Sutherland (US) LLP

Global Industrials Bulletin - February 2026

We're delighted to share our Knowledge team's insights on the most important legal changes affecting the Industrials sector around the globe. Asia- China: National standard for green factory evaluation- On January 7, the...more

BakerHostetler

South Korea’s New AI Basic Act: What US Companies Need To Know

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On Jan. 22, South Korea’s AI Basic Act came into force, establishing one of the world’s most comprehensive frameworks for artificial intelligence. For U.S. companies operating in or targeting the Korean market, this law...more

Cooley LLP

South Korea’s AI Basic Act: Overview and Key Takeaways

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South Korea’s Act on the Development of Artificial Intelligence and Establishment of Trust (AI Basic Act) took effect on January 22, 2026, joining the European Union AI Act as a comprehensive AI regulatory regime....more

Ropes & Gray LLP

An Update on Mandatory Human Rights and Environmental Due Diligence Legislation in Asia – What to Watch for in 2026

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The last several weeks have brought more clarity on the shape of mandatory human rights and environmental due diligence legislation in Europe, with the EU’s omnibus legislation nearing completion. Countries in Asia also are...more

Littler

Beginning March 2026: Expanded Employer Liability and Bargaining Duties in Korea

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In December 2025, Korea’s Ministry of Employment and Labor (MOEL) released draft Interpretive Guidelines following the September 9, 2025 amendment to the Trade Union and Labor Relations Adjustment Act (“Trade Union Act”),...more

Loeb & Loeb LLP

An Overview of South Korea and Japan Privacy Enforcement (2020-Present)

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Since 2020, South Korea and Japan have reshaped privacy enforcement in ways that directly affect global businesses. South Korea’s Personal Information Protection Commission (PIPC) drives an enforcement-first regime with...more

Lowenstein Sandler LLP

Crypto Brief - Lowenstein Crypto Newsletter - December 11, 2025

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On Dec. 8, Caroline D. Pham, acting chair of the Commodities Futures Trading Commission (CFTC), announced a digital assets pilot program enabling certain digital assets to be used as collateral in derivatives markets. Pham...more

Ius Laboris

A new minimum wage for 2026 and other key updates from South Korea

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The new 2026 minimum wage in South Korea has been set and will take effect from 1 January 2026. We take a look at the details below, together with several other recent employment law developments, including two key government...more

White & Case LLP

AI Watch: Global regulatory tracker - South Korea (UPDATED)

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South Korea's AI Act has been promulgated as the fundamental body of law governing AI. Laws/Regulations directly regulating AI (the “AI Regulations”) - The Basic Act on the Development of Artificial Intelligence and the...more

Clark Hill PLC

South Korea Updates Eligibility Criteria for D-8 Visa Issuance Number (VIN)

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Effective Nov. 2025, the Suwon Immigration Office has updated the eligibility criteria for D-8 Visa Issuance Number (VIN) applications. This new requirement is only applicable to cases processed by the Suwon Immigration...more

Morrison & Foerster LLP

United States and China Reach Trade Agreement: Takeaways for Export and Supply Chain Controls

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Following a bilateral meeting in Busan, South Korea, on October 30, 2025, between President Donald Trump and President Xi Jinping, the United States and China announced an agreement (the “Agreement”) intended to ease...more

Husch Blackwell LLP

Week of October 26, 2025, Trade News

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The U.S. published a Joint Statement on a U.S.–Vietnam trade deal framework on October 26, 2025. According to the Joint Statement, the key terms of the agreement will include, among other things: • Vietnam providing...more

Baker Botts L.L.P.

AI Legal Watch: October 2025

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On September 29, 2025, California Governor Gavin Newsom signed into law Senate Bill 53 (“SB 53”), which includes the Transparency in Frontier Artificial Intelligence Act (“TFAIA”). This new law makes California the first...more

Baker Botts L.L.P.

South Korean Ministry of Science and ICT Issues Package of Regulations to Supplement AI Framework Act

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On September 8, 2025, the South Korean Ministry of Science and ICT ("MSIT") released for public comment a consolidated draft package of sub-laws which supplement, implement, and explain Korea’s Basic Act on the Development of...more

Ius Laboris

South Korea’s ‘Yellow Envelope Act’ Enhances Union Protection

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South Korea’s so-called ‘Yellow Envelope Act’ has been passed, strengthening protections for union activities within an already supportive legal framework. We summarise the key provisions and takeaways for employers....more

Littler

Understanding Employment Law Outside the United States for Multinational Employers – Part 1

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At a Glance - Employment laws outside the United States differ in structure, enforcement, and underlying philosophy. There is no universal approach. Multinational employers should tailor their practices to meet local legal...more

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