Legislationsby Glyphunverified
2027 National Budget Proposal
South Korea proposed allocating 21.3 trillion won for artificial intelligence, semiconductors, and data center projects.
South KoreaSouth Korea
6 on file · 5 became law · 1 still moving · 2 moved in 30 days
unverified
Digital Asset Basic Act
South Korea established capital and reserve requirements for stablecoin issuers under new digital asset legislation.
Act No. 21445
Personal Information Protection Act Amendment
Amends PIPA after large data breaches to make company heads ultimately responsible for data protection, require notice of possible breaches, mandate privacy certification for large handlers, and allow fines of up to 10 percent of total revenue for repeated or massive violations.
Act No. 20676
AI Basic Act (Framework Act on the Development of AI and Establishment of Trust)
Creates South Korea's comprehensive AI framework, with a national AI strategy committee and basic plan, industry support, and obligations for high-impact and generative AI such as user notice, labeling, risk management and local representatives for foreign firms, backed by fines of up to 30 million won.
Presidential Decree No. 36053
Enforcement Decree of the AI Basic Act
Implements the AI Basic Act with detailed rules on high-impact AI criteria and impact assessments, safety obligations for large AI systems, domestic representative thresholds and the schedule of administrative fines.
Act No. 20459
Sexual Violence Punishment Act Amendment on Deepfakes
Amends the Act on Special Cases Concerning the Punishment of Sexual Crimes to criminalize possessing, buying, storing or viewing sexually explicit deepfakes and to raise the maximum penalty for creating or distributing them to seven years in prison.