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  • The ACGA’s Jamie Allen, secretary general, and Charles Lee, research director for North Asia, believe that corporate governance in Korea is heading in the right direction, but that real progress will require a change in culture
  • By Sang-Il Park, senior partner, and Hyung-Soo Lee, senior associate, Hwang Mok Park
  • As new technologies emerge at an increasingly rapid rate, regulators are struggling to keep up with the pace of change. Foreign investors need to be aware of changes to the law
  • Kim & Chang
  • Korea has long been viewed as a difficult market to enter, with laws that restrict room to manoeuvre. But as Korea’s rising status in the global economy becomes increasingly clear, authorities are grappling with how to best regulate – and deregulate – the market
  • Revisions to Korea's Financial Investments Services and Capital Markets Act (FISCMA) could lead to the cannibalisation of domestic banks, Korea's Financial Services Commission (FSC) has warned
  • Korean banks learnt lessons from the crash of 1997 and have impressive reserves of cash. An amendment to the Bank Act has been made to ensure compliance with Basel III, but the framework coming into effect next year does not seem to be causing too much concern among the country’s financial institutions
  • Soo Man Park
  • Project Finance Al Tamimi & Company
  • David Yu, general counsel of Diageo in South Korea, talks to Katherine Jo about how his company has managed to avoid conflict with the country’s famously strong unions and the challenges posed by new regulations