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Ius Laboris
On 9 January 2020, the Korean National Assembly passed amendments (collectively, the ‘Amendments') to three major data privacy laws...
Two new privacy guidelines are now effective in South Korea. Earlier this year, the Korea Communications Commission (KCC) published "Privacy Guidelines for Online Customized Ads" (Korean language link) and a "Privacy Guide for Smartphone App Access Rights."
Reed Smith (Worldwide)
In order for countries to opt in to the system, their legal systems and privacy protection must meet APEC's standards.
Yulchon LLC
The Financial Supervisory Commission ("FSC") and Financial Supervisory Service ("FSS") of Korea first published their "Guidelines on Personal-Information Protection in the Financial Sector" in July of 2013.
Yulchon LLC
On June 30, 2016, various South Korean government agencies including the Korea Communications Commission, the Financial Services Commission, the Ministry of the Interior, the Ministry of Health and Welfare, and . . .
Yulchon LLC
The Guidelines set out standards and procedures for the proper de-identification of personal information, particularly in order to reduce any uncertainties involved in the utilization of big data.
Lee & Ko
On June 30, 2016, government authorities responsible for enforcing data protection and privacy laws and regulations jointly announced the "Comprehensive Guide to Data Protection and Privacy Laws and Regulations".
Reed Smith (Worldwide)
The Act on the Promotion of Information Communication Network Utilization and Information Protection has been amended to include potential punitive damages for South Korean businesses that provide services over the internet.
Reed Smith (Worldwide)
The expectation is that the Amendment, by allowing damages for data breaches, will lead to a sharp increase in liability lawsuits following personal data breaches.
Reed Smith (Worldwide)
The Standards now require that data handlers actively supervise, manage and monitor outsourcing providers.
Reed Smith (Worldwide)
In December 2014, the Korea Communications Commission released the "Big Data Guidelines for Data Protection".
DLA Piper Australia
A new law relating to protection of personal information was enacted in South Korea and became effective in late 2011.
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