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Are You Ready for SAPA?
The legislative intent behind the Serious Accident Punishment Act ("SAPA") is to prevent serious accidents by imposing strict punishment on the companies and the top decision makers, including the CEO.
The SAPA will become effective on January 27, 2022 for companies with 50+ employees. The Enforcement Decree of the SAPA was finalized in October 2021 and provides some more details on the companies' broad obligations to secure safety and health.
It not only covers typical serious industrial accidents (e.g., factory/warehouse/construction accidents), but also serious public accidents that receive wide societal attention (e.g., the humidifier disinfectant scandal and the Sewol ferry tragedy).
To shed light onto these important policy changes, AustCham Korea is pleased to invite Anthony Chang, Senior Foreign Attorney at Shin & Kim, to share his insights on this topic.
Hosted at 12:00 pm KST on November 30, 2021, the webinar will cover the safety and health measures that must be taken under SAPA and its Enforcement Decree and the risk of non-compliance for the company and top decision makers, including possible criminal liability.
Agenda
- Opening Remarks
Michael Chang
Michael Chang
Senior Foreign Attorney and Partner at Shin & KimMichael is a senior foreign attorney at Shin & Kim whose principal areas of practice are banking & finance, infrastructure, energy and M&A. Michael has broad ranging commercial law experience across a number of jurisdictions, including Australia, Singapore, Indonesia, Cambodia, the Philippines, Peru, USA, Canada and Vietnam. He has acted for banks, infrastructure funds, strategic investors and governmental agencies in a wide range of sectors, including infrastructure, media, power, mining, property development, hotels and transport. His clients have included Macquarie Bank, The Walt Disney Company, Shinhan Bank, Kohler Co., John Deere & Co., Kookmin Bank, Thomson Reuters, ACE Insurance, Standard Chartered, Australia and New Zealand Banking Corporation, Woori Bank and Volvo Financial Services.
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He began practice in Melbourne with Arthur Robinson & Hedderwicks in 1996 (now known as Allens). Michael was seconded as a senior associate to Shin & Kim from 2002 to 2008, before returning to Allens Arthur Robinson’s Singapore office. He returned to Shin & Kim in 2010 as a senior foreign attorney.
During his time in Korea, he has advised numerous foreign clients in investments in Korea. His in-depth experience in different sectors and different aspects of Korean law allows him to provide commercial and integrated advice, whether it be to a strategic investor in the manufacturing or media sector or a financial investor in the infrastructure sector, Michael has the depth of experience and expertise to assist a client in reaching its commercial objectives in Korea.
In addition to his role at Shin & Kim, Michael is currently serving as a Board Member at AustCham Korea.
- Presentation
Anthony Chang
Anthony Chang
Senior Foreign Attorney at ShinAnthony Chang is a senior foreign attorney in the Labor and Employment Practice Group at Shin & Kim.
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He has a wide range of experience in HR matters both as in-house and as outside counsel. Anthony was the head of the Korea law department for a multi-national corporation (Fortune 100) as well as a member of the senior management team for the Korean affiliate. His work experience both in-house, with a strong business perspective, and with law firms in Korea and the U.S. helps bridge the gap in helping to find practical solutions to complex and uncertain HR and corporate issues.
He is admitted in New York, Massachusetts and Missouri and has over 20 years of experience in Korea, the U.S. and Hong Kong.
- Moderated Q&A
Anthony Chang•Rowan PetzAnthony Chang
Senior Foreign Attorney at ShinAnthony Chang is a senior foreign attorney in the Labor and Employment Practice Group at Shin & Kim.
More information about speaker
He has a wide range of experience in HR matters both as in-house and as outside counsel. Anthony was the head of the Korea law department for a multi-national corporation (Fortune 100) as well as a member of the senior management team for the Korean affiliate. His work experience both in-house, with a strong business perspective, and with law firms in Korea and the U.S. helps bridge the gap in helping to find practical solutions to complex and uncertain HR and corporate issues.
He is admitted in New York, Massachusetts and Missouri and has over 20 years of experience in Korea, the U.S. and Hong Kong.
Rowan Petz
Executive Director of Australian Chamber of Commerce in KoreaRowan Petz is the Executive Director at the Australian Chamber of Commerce in Korea. Rowan brings a wealth of diverse experience and knowledge into his role having initially studied as a fraud investigator before moving into the currency management sector for six years.
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Rowan’s passion for international trade and politics led him to a degree in International Relations from La Trobe University, Melbourne. Having received the Endeavour Australia Cheung Kong and the Victorian Government’s Hamer scholarship awards, Rowan was granted the opportunity to study International Relations and Korean language at Yonsei University in Seoul, South Korea.
With a strong passion for wanting to further strengthen the Australian-Korean relationship, Rowan commenced work at Chamber in 2016.
