Jaewung Cho
Lee & Ko Aims to Open a Breakthrough with “Global & AI”, Recording the Highest Performance amid Recession
On January 2, 2025, Edaily reported an interview with Sang-Gon Kim, Lee & Ko’s managing partner. In his interview, Mr. Kim stated that Lee & Ko ”achieved meaningful results in the recession through ‘homogenization’ of the firm’s entire expertise, such as advice and litigation” and that it aims to “become an open law firm that…
ROK-PH FTA Takes Effect
Today, 31 December 2024, the Free Trade Agreement between the Government of the Republic of Korea and the Government of the Republic of the Philippines (“ROK-PH FTA”) took effect. This marks South Korea’s 22nd effective FTA. Notable products that additionally* gained tariff concessions on South Korea’s side are motor cars (8% / immediate tariff elimination),…
2025 HS Code updates: South Korea
In November 2024 the Ministry of Economy and Finance proposed amendments to the Harmonized System Korea (“HSK”). Core rationales for the proposal by the South Korean government are: supply chain security; national health & safety; business efficiency; and alleviation of business roadblocks. Based on the 6-digit commodity classification coding system of the World Customs Organization,…
Seminar on ‘Exploring Legal and Policy Support Measures for Space Security and the Development of the Space Industry’
On November 12, KASS (Korean Academy of Space Security) and Lee & Ko successfully co-hosted the seminar titled ‘Exploring Legal and Policy Support Measures for Space Security and the Development of the Space Industry.’ KASS is a specialized research institution designated by the NIS (National Intelligence Service) for space security studies. Lee & Ko established…
Korea Fair Trade Commission’s New Roadmap for Online Platform Regulation
On September 11, 2024, the Korea Fair Trade Commission (the KFTC) announced a new roadmap for the legislation of the online platform regulation.
Seminar on ‘the Implementation of the Virtual Asset User Protection Act and the Introduction of Spot ETFs for Virtual Assets: Challenges and Future Prospects’
On July 18, Lee & Ko hosted a seminar on ‘the Implementation of the Virtual Asset User Protection Act and the Introduction of Spot ETFs for Virtual Assets: Challenges and Future Prospects’. This seminar, which was conducted both online and offline, addressed key considerations and cautionary notes regarding the Virtual Asset User Protection Act through…
Seminar on ‘Harmonious Development of Regulatory Frameworks for Personal and Financial Information’
On June 19, Lee & Ko hosted a seminar on ‘Harmonious Development of Regulatory Frameworks for Personal Information and Financial Information’ together with the Korea Association of Personal Data Professionals (KAPP) and the Financial Security Institute (FSI). The event brought together a diverse group of experts from regulatory bodies and the financial industry to…
[Legal Times] Interview with Sang Gon Kim, Managing Partner of Lee & Ko
On June 11, 2024, Legal Times featured an interview with Sang Gon Kim, Managing Partner of Lee & Ko. This month’s edition spotlighted Mr. Kim as a “lawyer whose career is a testament to his dedication to the firm, starting as an associate in 1994 and ultimately ascending to the role of managing director after…
Webinar on ‘Digital Health and AI: Regulatory Innovation’
On Tuesday, June 4th, LEE & KO hosted a webinar titled ‘Digital Health and AI: Regulatory Innovation’. This webinar aimed to provide companies developing digital health products and services using AI with insights into the legal issues they need to be aware of during the planning, development, and commercialization stages. Additionally, it discussed recent regulatory…
[Korea Customs Service Update] Stringent Queries expected for upcoming Customs Audits
Effective since April 2024, Korea Customs Service (“KCS”) enacted a government directive that aims to streamline the importers’ data provision during customs audits. To oversimplify, the directive -based on the Customs Act of Korea- defines “Uncooperative Entity” and expressly states countermeasures thereto. Although it is premature to gauge the impact at this early stage, the…
Lee & Ko joins IR as the exclusive Trade & Customs Law member in South Korea
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce that Jaewung Cho has joined IR as our exclusive Trade & Customs Law member in South Korea Jaewung Cho is a partner of Lee & Ko’s Customs Practice Group. Since his admission to the Korean Bar in 2013, he has been dedicating…