14th Study Group on Economic Security EU: Commentary on the Draft Directive on Corporate Sustainability and Due Diligence Part 1
2022/9/8
Efforts to detect and prevent fraud at an early stage - Through the experience of investigating misconduct -
2022/9/8
Nishimura & Asahi
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In South Korea, a law called the Act on Punishment of Serious Disasters has been in effect since January 2022, 1. The Industrial Safety and Health Law already exists with regard to safety and health at work sites, but this law was enacted with the aim of preventing the occurrence of accidents by building a safety and health management system not at the workplace but at the management level. For this purpose, this law imposes obligations on representatives, etc., rather than on-site supervisors, and the sanctions for violation of obligations are extremely heavy, including imprisonment.
In the event of a serious disaster involving a Korean subsidiary or joint venture of a Japanese company, the potential impact of this law is very significant, as employees dispatched to the company as executives may be ordered to stop leaving the country once an investigation is initiated. Japanese companies doing business in Korea are probably already considering and implementing measures to comply with this law. This video provides an overview of this law and explains the latest trends in case processing and amendments.
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Nishimura & Asahi
You can download the materials from the form at the bottom of the page.
In South Korea, a law called the Act on Punishment of Serious Disasters has been in effect since January 2022, 1. The Industrial Safety and Health Law already exists with regard to safety and health at work sites, but this law was enacted with the aim of preventing the occurrence of accidents by building a safety and health management system not at the workplace but at the management level. For this purpose, this law imposes obligations on representatives, etc., rather than on-site supervisors, and the sanctions for violation of obligations are extremely heavy, including imprisonment.
In the event of a serious disaster involving a Korean subsidiary or joint venture of a Japanese company, the potential impact of this law is very significant, as employees dispatched to the company as executives may be ordered to stop leaving the country once an investigation is initiated. Japanese companies doing business in Korea are probably already considering and implementing measures to comply with this law. This video provides an overview of this law and explains the latest trends in case processing and amendments.
lecturer
Nishimura & Asahi Counsel Tomoki Ohga Lawyer
Mainly engaged in crisis management cases, labor cases, and conflict cases.Crisis management projects involved include quality issues in various manufacturing industries, leakage of business secrets, window dressing, insider trading, competition law-related issues, bribery (including bribery to foreign government employees such as FCPA), antisocial forces issues, and misappropriation. It is diverse and widespread, including fraudulent acts by officers and employees such as harassment and harassment.There are a wide variety of cases, including fact-finding, investigation of causes, planning of recurrence prevention measures, response to authorities, media, stock exchanges, investors, and consumers, consideration and response to treatment of officers and employees, and response to civil, administrative, and criminal disputes. We carry out agile and strategic response.In addition, he is also engaged in the construction and renewal work of internal control system, whistleblowing system, etc., and M & A support work such as compliance DD.
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Nishimura & Asahi
Nishimura & Asahi Law Office is Japan's largest comprehensive law firm with over 700 lawyers and other specialists.The Data Protection Practice Group cooperates with 14 overseas bases (2020 bases in Germany, the United States, Southeast Asian countries, etc.) to comply with the data protection laws of each country such as the Personal Information Protection Law, GDPR, CCPA / CPRA, and PDPA in Thailand. We have a wealth of experience in dealing with cyber attack and ransomware.In addition to publishing the "Personal Information Protection / Data Protection Regulation Newsletter" every month, in 2020, "Personal Information Protection Law Encyclopedia" (Commercial Law) and "XNUMX Personal Information Protection Law Amendment and Practical Response" ( Shoji Homu) and "Immediately Understand CCPA Practical Responses" (Chuokeizai-sha) are published.
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