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News & Analysis

Financial Regulation Innovation: Policy Direction of FSC

16 August 2022 by Lee & Ko - South Korea

Lee & Ko’s Digital Finance Team takes a close look at the establishment of the Financial Regulation Innovation Council, the direction of the financial regulation innovation announced by the Financial Services Commission, and the points to consider in relation to future improvements to financial regulations.

News & Analysis

New Administration Displays Its Strong Will to Promote Digital Health

15 August 2022 by Lee & Ko - South Korea

Further to the 110 national initiatives for the new administration announced on May 3, 2022 (see our newsletter dated May 10, 2022), the government released a more detailed plan to promote digital health on July 27, 2022 (the Plan). The Plan was jointly prepared by the Ministry of Health and Welfare, the Ministry of Economy and Finance, the Ministry of Science and ICT, the Ministry of Trade, Industry and Energy, and the Ministry of Food and Safety.

News & Analysis

Regulation of Digital Assets – Now and Future

01 August 2022 by Jipyong - South Korea

The digital asset market was recently hit by the Terra (LUNA) crash and the Celsius withdrawal freeze. It was further shaken by the global economic downturn and austerity measures. With 5.58 million cryptocurrency investors and 1,256 listed cryptocurrencies, and average daily cryptocurrency transactions amounting to KRW 11 trillion, Korea’s KRW 55 trillion digital asset market was hardly unaffected by this crisis. Consequently, the need to enact laws on digital assets has become ever more crucial.

News & Analysis

Synergize GBA series: Cross-border data transfers in mainland China

27 June 2022 by LC Lawyers

In 2021, we have seen significant changes in the data protection regime in mainland China. Specifically, the Data Security Law (DSL) and the Personal Information Protection Law (PIPL) came into effect on 1 September 2021 and 1 November 2021 respectively.

News & Analysis

Re Scomi Group Bhd: Judicial Management Not Available for Public Listed Companies?

23 June 2022 by Shearn Delamore & Co

In this article, Douglas Goh Peng Fong discusses whether a public listed company can apply for a judicial management order under Subdivision 2 of Division 8 (Corporate Rescue Mechanism) of Part III of the Companies Act 2016 (“CA”).

News & Analysis

DTR Automotive Corporation’s Purchase of Stake in Doosan Machine Tools from MBK Partners

12 June 2022 by Kim & Chang - South Korea

In this transaction, MBK Partners successfully exited from its investment in Doosan Machine Tools, while DTR Automotive Corporation was able to diversify its business via its acquisition of the company.

News & Analysis

The New Administration’s Policy Outlook for Healthcare/Life Sciences

10 May 2022 by Lee & Ko - South Korea

With the inauguration of Yoon Seok-yeol as the 20th president of Korea scheduled to take place on May 10, 2022, the Presidential Transition Committee (the Committee) announced 110 national initiatives for the new administration (the Initiatives) on May 3, 2022.

News & Analysis

New President-Elect’s Labor Policy Outlook

21 March 2022 by Lee & Ko - South Korea

We summarized some of the key policy proposals of the president-elect in regards to the employment and labor laws of Korea.

News & Analysis

Where should the patent invalidation procedure go after the patent right is preserved?

08 March 2022 by Beijing Gaowo Law Firm - China; Du Yangyang, Tan Yanyan

Press Release

News & Analysis

High Court of Himachal Pradesh grants relief to Himani - Chamunda Ropeway Project Concessionaire

26 February 2022 by Legacy Law Offices

In a relief to the concessionaire company engaged to develop the Himani-Chamunda Ropeway project at Kangra district the Hon’ble High Court of Himachal Pradesh has granted relief to the company by way of issuing stay on encashment of the bank guarantee.