Proposed Bill: Partial Amendment to the Act on Promotion of Information and Communications Network Utilization and Information Protection

Proposed by Rep. Kim Jang-kyom (People Power Party)

  • This bill would grant the Ministry of Science and ICT the authority to directly conduct surveys on the security status of devices connected to information and communications networks (internet of things), such as robot vacuums and IP cameras, and to disclose the results.

Proposed Bill: Partial Amendment to the Fair Transactions in Subcontracting Act

Proposed by Rep. Kim Seung-won (Democratic Party of Korea)

- This bill would raise the upper cap on the fixed penalty surcharge for unfair trade practices in subcontracting transactions to 10 billion won ($6.75 million).

Pending Bill: Partial Amendment to the Commercial Act

Proposed by Rep. Lee Kang-ill (Democratic Party of Korea)

  • The bill would allow shareholders holding at least 10 percent of the total issued shares to petition the court for the appointment of a chairperson, no later than ten days prior to the general meeting of shareholders.

Promulgated Bill: Rules on Occupational Safety and Health Standards

Competent Authority: Ministry of Employment and Labor

  • This bill requires employers to use welding fireproof blankets that meet the technical standards for performance certification and product testing of fireproof blankets when performing fire-hazardous work such as welding or cutting operations.

Administrative Announcement: Partial Amendment to the Enforcement Rule of the Medical Devices Act

Competent Authority: Ministry of Food and Drug Safety

  • The draft amendment would require prior approval for medical device changes only if they materially affect safety or effectiveness. Where a manufacturing business license or product approval is granted on the condition that Good Manufacturing Practices and other manufacturing standards are established within a specified period, it would also shorten the period for confirming compliance from 20 days to 10 days.

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The Korea Herald republishes a weekly legislative report by local law firm D&A LLC to provide the latest information on bills approved, proposed, pending and set to be promulgated. — Ed.

For queries about the bills, contact cr@draju.com.