September 21, 2015
Look At Risk From The Top Not The Trenches

Successful Risk Management Requires A View From The Top Not A View From The Trenches Today I was fortunate to visit a large electronics company in Seoul.  In fact, I was on the 39th floor of the company located in southern Seoul and had an amazing view of Seoul- as evidenced by the picture to […]

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September 11, 2015
After the Dolgorae- Revisiting The Lessons Of The Sewol Ferry

After The Dolgorae- The Sewol Ferry Disaster Revisited, A Risk Management Nightmare How a lapse in enforcing risk management processes once again resulted in a disaster.... The latest maritime disaster  in Korea once again not only raises the spectre of the Sewol disaster but once again reinforces the fact that risk management processes including compliance training  must […]

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September 1, 2015
The KFTC Updates Its Unfair Trade Practices Guidelines

The Korea Fair Trade Commission (KFTC) has recently revised its unfair trade practices guidelines (UFP Guidelines) to protect consumers with regards to e-Commerce transactions.  The UFP Guidelines took effect as of August 20, 2015 and cover several new types of e-Commerce transactions.  The UPF Guidelines include recommended practices in the field of (i) social commerce […]

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August 17, 2015
Korean palaces and risk management processes

I visited Gyeongbokgung Palace in Seoul the other day with a friend who is quite knowledgeable not only about the Joseon Dynasty in general but about the palace in particular. What he pointed out was that the palace is built to certain specifications with the palace layout and structures reflecting the importance of symbols, rituals and […]

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August 7, 2015
To Protect Your Trade Secrets in Korea Use Restrictive Covenants

In Korea, it is vital that you take proactive steps to protect your trade secrets.  A properly drafted confidentiality agreement which contains a restrictive covenant can be an effective tool for preventing trade secret disclosure. But what is meant by the term "restrictive covenant?"

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July 31, 2015
Trade Secrets- Confidentiality and Employee Issues

Trade Secrets- Are You Protected?.....We live in a competitive world. The extent to which a company is able to protect its trade secrets is an important factor in its overall ability to survive and prosper. In the employment context, complicated legal issues arise when a departing employee is in a position to use and/or disclose […]

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