Are there any provisions for extraterritorial enforcement of its anti-bribery and corruption laws?

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Yes, South Korea has provisions for extraterritorial enforcement of its anti-bribery and corruption laws. These provisions allow South Korean authorities to take action against individuals and entities engaged in corrupt…

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What are the penalties for individuals and corporations found guilty of bribery and corruption?

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In South Korea, penalties for individuals and corporations found guilty of bribery and corruption can be severe and may include a combination of criminal, civil, and administrative sanctions. The specific…

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Are there any specific sectors that are particularly regulated or scrutinized for bribery and corruption?

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Yes, South Korea has specific sectors that are particularly regulated and scrutinized for bribery and corruption due to their potential for high-risk activities and significant economic impact. These sectors often…

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