Yoon & Yang LLC

Government, National Assembly & Media Relations

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Yoon & Yang’s GRC (Government Relations Consulting) Group goes beyond traditional dispute resolution methods such as litigation and arbitration by proactively reflecting stakeholders’ interests in regulatory decision-making processes, while providing optimal corporate advisory services. In this regard, the GRC Group offers a wide range of services, including: (i) legislative and regulatory consulting (covering legislation, administrative regulations, and government policies) on laws and policies affecting businesses; (ii) analysis of regulatory impacts on businesses arising from election pledges; (iii) advisory and response support in connection with National Assembly inspections and investigations of state affairs; and (iv) comprehensive media relations consulting.

Leveraging a diverse team of professionals—including former members of the National Assembly, senior officials from the executive branch, journalists, corporate executives, former legislative aides, and attorneys—the GRC Group ensures seamless communication with various stakeholders across the government, the National Assembly, local authorities, and industries. Through direct and proactive engagement on regulatory issues, we deliver differentiated services distinct from those of conventional law firms. In particular, by adopting AI-based analysis and predictive models to assess legislative and regulatory developments and proactively identify government relations risks, we provide the most efficient strategies to help clients achieve practical outcomes in a cost-effective manner.

Key Services

Statutory & Regulatory Advisory Service

Review establishment and amendment of statutes, ordinances, and regulations by the government, National Assembly, and local authorities; provide advisory opinions and authoritative interpretations
Identify trends in the enactment and amendment of statutes and regulations in line with government policy directions; present preemptive response strategies
Develop customized response strategies for matters involving the Anti-Corruption and Civil Rights Commission and the Board of Audit and Inspection
Submit stakeholder opinions on proposed legislation during the pre-announcement period
Present and coordinate opinions on bills and legislative proposals with members of the National Assembly and relevant government officials
Participate in public hearings, present opinions, and organize seminars within the National Assembly on key legislative issues

Policy Advisory Service

Provide forward-looking and comprehensive policy services tailored to each client’s industry, status, and specific needs
Communicate client positions in the course of proposing election pledges; analyze policy changes arising from implementation of election pledges and advise on client-specific risk management
Review client needs and propose policy alternatives to facilitate prior coordination among stakeholders

Advisory Service Regarding Inspection of Government Administration

Coordinate and respond at the stage of request for witnesses, including review of witness selection and the possibility of withdrawal
Provide support at the stage of witness appearance, including identifying anticipated questions, reviewing testimony, and preparing explanatory materials
Respond to follow-up measures by the National Assembly, including reviewing the grounds for non-appearance and addressing perjury allegations

Advisory Service on Civil Complaints & Dispute Resolution

Review measures to facilitate reasonable coordination between clients and various stakeholder groups and present optimal solutions
Provide accurate root cause analysis through direct engagement with government bodies, the National Assembly, public institutions, and local authorities
Offer targeted, alternative solutions beyond conventional dispute resolution methods, such as litigation and arbitration, which typically require long-term proceedings

Advisory Service on Media Relations

Support clients in effective media engagement by analyzing media trends and providing up-to-date information
Advise on remedies and preventive measures in response to adverse or malicious media coverage

Representative Cases

Advised on arbitration in a dispute between a shipping company and a public enterprise
Advised on response to the request for summoning the chairman of a conglomerate as a witness for a National Assembly inspection and on the appearance of the CEO
Advised on response to witness designation and referral for prosecution in connection with a National Assembly inspection
Advised on statutory interpretation of the Traditional Market Act regarding the existence of expropriation rights
Advised on response to document submission requests
Advised on licenses and permissions from local governments
Conducted policy seminars for senior management
Advised on the amendment to the Distribution Industry Development Act restricting business hours of multi-complex shopping malls
Advised major financial institutions on public interest audit requests to the Board of Audit and Inspection
Advised on licensing and permitting procedures for power generation projects
Advised on deregulation of online advertising for medical service providers
Advised on improvement and deregulation of the Debtor Rehabilitation and Bankruptcy Act
Advised on the amendment to the Framework Act on the Construction Industry
Advised on the amendment to the Early Childhood Education Act and organized a seminar at the National Assembly
Advised on amendments to laws related to the manufacturing, installation, and maintenance of elevators
Advised on the enactment of the Act on the Management and Supervision of Nuclear Power Plant Operators
Advised on the designation of real estate investment immigration zones
Advised on designation of products subject to inter-SME competition
Advised on response to the request for summoning the president of a bank as a witness for a National Assembly inspection and on appearance matters
Advised on response to the request for summoning the chairman and CEO of a financial holding company as witnesses for a National Assembly inspection and on the appearance of the chief compliance officer
Advised on witness appearances and document submission requests for hearings before National Assembly standing committees
Advised on statutory interpretation of the Game Industry Promotion Act regarding the possibility of administrative fines in lieu of business suspension
Advised on a constitutional complaint related to the Commercial Act and on amendments to the Enforcement Decree
Advised on amendments to the Monopoly Regulation and Fair Trade Act before the National Assembly’s Political Affairs Committee
Advised on response to business suspension measures imposed on regional branches
Advised financial institutions (including IBK) on the establishment of internal control committees for financial consumer protection
Advised holding companies (including GS and Hyosung) on the establishment and registration of CVCs
Advised on deregulation of businesses under the Broadcasting Act
Advised on deregulation of advertising by lending businesses
Advised on tax law amendments for tax benefits applicable to golf courses
Advised on the amendment to the Commercial Building Lease Protection Act
Advised on the amendment to the Compulsory Motor Vehicle Liability Security Act
Advised on the amendment to the Enforcement Decree of the Tourism Promotion Act
Advised on the enactment of the Special Act on Fostering the Automobile New Industry