Korea's Improper Solicitation and Graft Act: Kim Young-ran Act

The Improper Solicitation and Graft Act of Korea ("Graft Act") was enacted on March of 2015 and came into effect in September of 2016.

Korea's Anti-Corruption and Civil Rights Commission published in English and Korea a decent Handbook to the Graft Act.  The Handbook to the Improper Solicitation and Graft Act of Korea may be found at: Handbook to Korea's Graft Act.  It is worth a read.

Please check back to this blog.  We shall be writing over the next couple of weeks articles on:
  • Scope of Application of the Improper Solicitation and Graft Act of Korea
  • Hypothetical Improper Solicitations in Korea under the Graft Act of Korea
  • Hypothetical Acceptance of Financial or other Advantages under the Graft Act of Korea.
  • Disciplinary Actions/Punishments under the Improper Solicitation and Graft Act of Korea.
  • Overview of the Kim Young-ran Act.

IPG Legal

Sean Hayes may be contacted at: SeanHayes@ipglegal.com.

Sean is co-chair of the Korea Practice Team at IPG Legal. He is the first non-Korean attorney to have worked for the Korean court system (Constitutional Court of Korea) and one of the first non-Koreans to be a regular member of a Korean law faculty. Sean is ranked, for Korea, as one of only two non-Korean lawyers as a Top Attorney by AsiaLaw.  Sean is known for his proactive New York-style street-market advice and his aggressive and non-conflicted advocacy.  Sean works with some of the leading retired judges, prosecutors and former government officials working in Korea.

Sean's profile may be found at: Sean C. Hayes