Tag: fines

fines

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Pedestrians move through a school zone near an elementary school in Seoul on Feb. 18, 2024. [YONHAP]

1 in 3 drivers admit to speeding, transportation survey finds

Only about two-thirds of drivers in Korea follow speed limits, with roughly one in three admitting to speeding, according to recent data.

2026.4.26

Singer and actor Cha Eun-woo poses during a press conference at Conrad Seoul hotel in Yeouido, Yeongdeungpo District, western Seoul on Dec. 22, 2022. [YONHAP]

Cha Eun-woo pays 20 billion won penalty and issues apology, claims 'sole responsibility' for tax scandal

Singer and actor Cha Eun-woo issued an apology over his tax evasion scandal and said he had paid the full amount — 20 billion won ($13.6 million) — owed in a statement on Wednesday.

2026.4.8

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FTC sign is shown on its headquarter in Sejong [YONHAP]

FTC's collusion-related fines in Q1 more than triple from all of 2025: Data

Collusion-related corporate fines imposed by Korea's antitrust regulator more than tripled in the first quarter compared with the total for all of 2025, industry data showed Wednesday.

2026.4.1

A fire truck pushes a vehicle during a demonstration of forced measures against cars obstructing emergency dispatches in Seodaemun District, western Seoul, on March 4. [YONHAP]

Fines for obstructing fire trucks to increase to maximum of 2 million won

Fines for obstructing fire trucks responding to emergencies will increase to a maximum of 2 million won ($1,300), the National Fire Agency said on Tuesday.

2026.3.31

President Lee Jae Myung speaks during a Cabinet meeting at the Blue House in Jongno District, central Seoul, on March 10. [JOINT RPESS CORPS]

Gov't to effectively remove caps on monetary rewards for reporting corporate misconduct

The government will effectively remove caps on monetary rewards for anyone reporting corporate misconduct and illegal activity, President Lee Jae Myung announced on Tuesday.

2026.3.10

An image of a statue of Justitia, the goddess of justice [KOREA JOONGANG DAILY]

Professors fined for taking exams on behalf of students to prevent department's closure

Professors at a university in Gwangju who took exams on behalf of students and graded the answers themselves in an attempt to keep their department from being shut down were fined on Monday.

2025.12.22

Lawmakers deliberate on bills during a plenary meeting of the National Policy Committee at the National Assembly building on Dec. 17. [YONHAP]

Parliamentary committee approves bill to fine companies up to 10% of revenue for personal data leaks

A parliamentary committee on Wednesday approved legislation that would allow regulators to fine companies up to 10 percent of their total revenue for serious personal data breaches, significantly raising the potential cost of large-scale leaks.

2025.12.17

The picture shows burgers from Frank Burger. [CJ FRESHWAY]

Local chain Frank Burger fined for unfair biz practices

Frank F&B Corp., operator of the handcrafted burger franchise Frank Burger, was fined for engaging in unfair practices against its franchisees, the antitrust regulator said Sunday.

2025.11.2

The photo shows cars parked at Seoul Grand Park in Gwacheon, Gyeonggi. [SCREEN CAPTURE]

Disabled parking spaces blocked at Seoul Grand Park by inconsiderate drivers

Photos showing cars parked in unusual positions near disabled parking spaces at Seoul Grand Park in Gwacheon, Gyeonggi have sparked public criticism online.

2025.10.29

A vehicle moves in and out of a Coupang logistics center in Seoul on Aug. 6. [YONHAP]

Coupang hit with most FTC fines over past 3 years at $114 million

E-commerce platform Coupang logged the most Fair Trade Commission fines at 162.8 billion won over the last three years, the most among Korean conglomerates.

2025.10.19