News and developments

Press Releases

Shin & Kim’s team of top AI and data experts launch the “AI & Data Center” to provide comprehensive consulting services on AI integration and Big Data.

On January 8, 2024, Shin & Kim LLC announced the launch of the AI & Data Center to proactively respond to the AI-driven data industry.
05 July 2024

Korean Diversified Energy Act and Regulations come into effect

The Dispersed Energy Promotion Special Act (the “Dispersed Energy Act”) came into force on 14 June 2024 together with the Enforcement Decree and the Enforcement Rules.
05 July 2024

Trump's Potential Win in the U.S. Presidential Election: Implications for Korean EV/Battery Companies' Business in the United States

Introduction A rematch between Biden and Trump in the US presidential election is set for November 2024.
05 July 2024
Press Releases

SHIN & KIM LLC, Significantly Strengthens its International Arbitration Practice - Scouted Young Suk Park last September and Brandon (Hyung-sik) Bang in March - Robert Wachter, Sean (Sung-woo) Lim of Lee & Ko’s International Arbitration Team are joining

SHIN & KIM LLC ("SHIN & KIM"; Managing Partner Jong-han Oh) is strengthening its International Dispute Resolution Group (“IDR Group”) by newly hiring Robert Wachter,
05 July 2024

Exploring the Local Agent Designation System: Impact and Implications

On March 13, 2024, the Korea Fair Trade Commission (KFTC), in collaboration with other relevant government departments, announced a new consumer protection initiative targeted at online marketplaces.
05 July 2024

Rating of Competition Compliance Program in Korea

To foster fair competition, the Korea Fair Trade Commission (“KFTC”) has been guiding companies to devise and adopt an internal compliance program in relation to competition laws (“CP”).
05 July 2024

Amendments to the Enforcement Decree of the Financial Investment Services and Capital Markets Act with respect to the share plan for a domestic employee of a multinational company

The Financial Investment Services and Capital Markets Act (“FSCMA”) sets forth general framework for securities transactions in Korea.
05 July 2024

PIPC Clarifies the Applicability of PIPA for Foreign Companies

Background On April 4, 2024, the Personal Information Protection Commission (PIPC) published a Handbook on the Applicability of the Personal Information Protection Act to Foreign Business Operators (Handbook). 
05 July 2024
Press Releases

Shin & Kim LLC Launches Compliance Center

Recently, Shin & Kim announced the launch of the Compliance Center (abbreviated as the “CP Center”) to comprehensively respond to the increased social demand for compliance management amidst a rapidly changing economic environment and various regulatory risks.
05 July 2024
Press Releases

Shin & Kim brings in experts in insolvency and taxation - Former judges Dong-kyu Kim and Hun-tae Doh joined the firm to strengthen its capabilities in bankruptcy/insolvency and taxation

Shin & Kim LLC, ("Shin & Kim") represented by Managing Partner Jong-han Oh, announced on the 19th that Dong-kyu Kim (29th Class of the JRTI),
05 July 2024