Republic of Korea: Local operation requirement in amendment to Telecommunications Business Act (Bill No. 2024959/Law No. 18869)
Progress
Scope
Timeline of events
Implemented amendment to Telecommunications Business Act including requirement to appoint local representative
On 10 December 2020, Law No. 18869, amending the Telecommunications Business Act, previously Bill No. 2024959, was implemented. The Law requires foreign communications network providers (CNP) and value-added telecommunications service providers (VSP…
SourceSigned amendment to Telecommunications Business Act including requirement to appoint local representative
On 9 June 2020, Bill No. 2024959, outlining amendments to the Telecommunications Business Act, was signed into Law, becoming Law No. 18869. The Law requires foreign communications network providers (CNP) and value-added telecommunications service p…
SourceAdopted amendment to Telecommunications Business Act including requirement to appoint local representative
On 20 May 2020, Bill No. 2024959, outlining amendments to the Telecommunications Business Act, was adopted by the National Assembly of South Korea. The Bill would require foreign communications network providers (CNP) and value-added telecommunicat…
SourceIntroduced amendment to Telecommunications Business Act including requirement to appoint local representative
On 7 May 2020, Bill No. 2024959, outlining amendments to Telecommunications Business Act, was introduced in the National Assembly of South Korea. The Bill would require foreign communications network providers (CNP) and value-added telecommunicatio…
Source