Email address
[email protected]Contact number
+82-2-3404-6542Share profile
Band 4
Provided by Juho Yoon
Technology, Media & Telecommunication; Data Protection & Privacy; FinTech & Financial Data Security; E-Commerce; Automobile & Mobility; Anti-Corruption & Compliance; Financial Regulation; Healthcare & Life Sciences; Entertainment, Sports & Game; Public Policy & Legislative Support
Bae, Kim & Lee LLC(2009-Present); Judge Advocate, Republic of Korea Army(2006-2009)
Korean Bar Association; Certified Tax Consultant (Korea); Illinois State Bar Association
Provided by Chambers
3 items provided by Bae, Kim & Lee LLC
Major Proposed Amendments to Korean Data Statutes Would Facilitate “Big Data” Services
<b>Bills before legislature seek to revise main data regulations, to better recognize pseudonymization and facilitate data aggregation and related services.</b><br><b>Amendments to Personal Information Protection Act and Credit Information Protection Act appear likely to pass within first half of 2<</b>
Korean data law amendments pose new constraints for cross-border online services and data flows
Under amendments to IT Networks Act, set to take effect in <b>March 2019</b>, offshore online businesses, meeting thresholds of nexus to Korea, will be required to <b>designate local agent</b> for regulatory oversight purposes. <br>Amended rules will also newly <b>restrict <i>onward</i> transfer</b>
Data privacy statute amended to tighten data security oversight and indemnity-related requirements
<b>Changes will, from May 2019, require online service providers, meeting certain thresholds, to employ qualified person in <i>exclusive</i> role of chief information security officer, and to maintain insurance or similar allowance against data breach or mishandling.</b><br><b>Other provisions sign</b>
Major Proposed Amendments to Korean Data Statutes Would Facilitate “Big Data” Services
<b>Bills before legislature seek to revise main data regulations, to better recognize pseudonymization and facilitate data aggregation and related services.</b><br><b>Amendments to Personal Information Protection Act and Credit Information Protection Act appear likely to pass within first half of 2<</b>
Korean data law amendments pose new constraints for cross-border online services and data flows
Under amendments to IT Networks Act, set to take effect in <b>March 2019</b>, offshore online businesses, meeting thresholds of nexus to Korea, will be required to <b>designate local agent</b> for regulatory oversight purposes. <br>Amended rules will also newly <b>restrict <i>onward</i> transfer</b>
Data privacy statute amended to tighten data security oversight and indemnity-related requirements
<b>Changes will, from May 2019, require online service providers, meeting certain thresholds, to employ qualified person in <i>exclusive</i> role of chief information security officer, and to maintain insurance or similar allowance against data breach or mishandling.</b><br><b>Other provisions sign</b>