Entrance Gate of Sejong University, Seoul, Korea

Entrance Gate of Sejong University, Seoul, Korea

A company should take a number of steps to protect its trade secrets and confidential information.  Failure to do so will result in loss of trade secrets as well as theft of confidential information. (more…)

Entrance Gate of Sejong University, Seoul, Korea

Entrance Gate of Sejong University, Seoul, Korea

Lately, the news has been filled with stories of data theft especially involving credit card users or  retailers having their systems hacked. (more…)

Entrance Gate of Sejong University, Seoul, Korea

Entrance Gate of Sejong University, Seoul, Korea

We live in a competitive world.  The extent to which a company or organization is able to protect its trade secrets is an important factor in its overall ability of  to survive and prosper. (more…)

Entrance Gate of Sejong University, Seoul, Korea

Entrance Gate of Sejong University, Seoul, Korea

To have an effective compliance program, a company must also hold compliance training after it “launches” the program. Many areas of training should be covered and how the training should be given is of major interest.

It is best if the company offers local compliance training covering the relevant laws and practices where people are located besides covering the jurisdiction where the company is headquartered. Training can be given in person, online via web-based training, or by other media and must be given on a regular basis.  Of course, one of the most important training programs a company can offer in its compliance program is a comprehensive no nonsense antitrust program.  Such training should not only be given  at headquarters but also in all its subsidiaries or affiliates as well.  Many jurisdictions has differing views on antitrust or non-competition laws so a company needs to take a local approach as well as a global approach when handling compliance matters especially antitrust concerns.

Training programs should be handled as follows:

Does your compliance program cover antitrust laws and concerns?  If so- how detailed is it?  Does it offer thorough training or does it gloss over the important aspects of non-competition laws?  A well defined antitrust training program can go a long way to help mitigate the risk of antitrust investigations and lawsuits. How does your compliance program stack up?  Are you ready for an antitrust investigation if the regulators announce one?

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Entrance Gate of Sejong University, Seoul, Korea

Entrance Gate of Sejong University, Seoul, Korea

Recently, President Park, announced her plans to expand the Korean economy through her  "Creative Economy " policy. (more…)

Entrance Gate of Sejong University, Seoul, Korea

Entrance Gate of Sejong University, Seoul, Korea

Companies face many kinds of legal risks on a regular basis, depending of course on the company and the industry involved. (more…)

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