South Korea will overhaul its penalty system for major corporate violations, shifting from criminal prosecution to significantly higher monetary sanctions, while easing penalties for minor infractions to reduce business risks.
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https://en.infomaxai.com/news/articleView.html?idxno=97612

South Korea will sharply increase fines for major corporate violations, shifting from criminal penalties to monetary sanctions, as part of broad regulatory reforms to boost economic recovery and ease burdens on businesses.
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https://en.infomaxai.com/news/articleView.html?idxno=97609

South Korea's Deputy Prime Minister Gu Yoon-chul announced sweeping reforms to strengthen fines for major corporate violations, aiming to boost deterrence and ease criminal risks for business owners, as GDP growth hits a 15-quarter high.
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https://en.infomaxai.com/news/articleView.html?idxno=97603