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Jun-12-2026
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D&A LLC's Weekly Legislative Update - JUNE 1 - JUNE 5 2026



D&A is one of the leading law firms in Korea.
Since 2019, D&A LLC has been issuing specialized journals and weekly reports to provide information on trending legislative news.
View the full report here: https://draju.com/en/sub/newsletters.html?type=view&bsNo=7939&langNo=7911&page=1
Subscribe to receive weekly legislative newsletters here: https://www.draju.com/en/sub/subscribe.html 

If you have any queries, please contact us at lc@draju.com.

Content

Proposed Bill 1 - The first bill would establish a legal foundation for designating and managing national data to enable its secure sharing and use across government institutions.
Proposed Bill 2 - The next bill would allow large companies to participate in public software projects. Pending Bill - This bill would eliminate income taxation on virtual assets.
Pending Bill - This bill would eliminate income taxation on virtual assets.
Promulgated Bill - This bill defines the methods and procedures for risk assessments and expands the scope of accident cause investigations to cover industrial accidents involving fires, explosions, and collapses.
Administrative Announcement - The final bill would impose administrative fines of up to 10% of total sales revenue for repeated or serious personal data breaches.