On 8 May 2027, the European Media Freedom Act (EMFA) enters into force. The EMFA aims to increase and promote transparency regarding media ownership and establish safeguards for editorial independence and media pluralism. The EMFA introduces the rig…
On 1 April 2027, the final rule on personal financial data rights came into force for depository institutions that hold at least USD 10 billion in total assets but less than USD 250 billion or non-depository institutions that did not generate USD 10…
On 18 March 2027, the guidance on operational incident reporting for firms with Part 4A permission, payment service providers (PSPs), credit rating agencies, and other financial firms enters into force. The guidelines establish a standardised proces…
On 18 March 2027, the guidance on material third-party arrangements (FG26/4) comes into force. It applies to designated investment firms, authorised electronic money or payment institutions, and other financial institutions. The guidance requires fi…
On 7 February 2027, the amendment to Article 39(3) of the Act on Consumer Protection in Electronic Commerce (Law No. 21312) enters into force. The Act applies to businesses under investigation or review by the Korea Fair Trade Commission (KFTC) for …
On 1 February 2027, Section 6 of the Privacy Protection Act (A6309) enters into force, regulating the collection and sharing of personal information by health care facilities. The provisions prohibit health care facilities from requesting or collect…
On 1 January 2027, Presidential Decree No. 10767 setting the digital services tax rate at 2.5% for revenue earned from the start of the year enters into force. The Decree, published in the Official Gazette on 25 December 2025, followed the adjustmen…
On 20 November 2026, the Consumer Credit Directive, including data protection measures, was implemented. The Directive outlines the data that covered entities, including creditors, credit intermediaries and providers of crowdfunding credit services,…
On 20 November 2026, the Consumer Credit Directive, including consumer protection measures, was implemented. The Directive aims to ensure that consumers can make an informed choice when applying for credit and have easy access to necessary informati…
On 21 July 2026, the Act on Consumer Protection in Electronic Commerce (Law No. 21312) entered into force, 6 months after promulgation on 20 January 2026. The Act applies to e-commerce operators and mail-order businesses that publish consumer review…