Gyeonggi Province Pursues 'Corporate Regulatory Interpretation Program'... From Regulatory Analysis to Drafting Legislative Amendments

Gyeonggi Province is pursuing a tentatively named “Corporate Regulatory Interpretation Program” to analyze businesses’ on-the-ground difficulties and develop practical proposals for regulatory improvements.

On November 4, Gyeonggi Province held a “Corporate and Expert Regulatory Improvement Meeting” at the Gyeonggi Provincial Government building in Gwanggyo, Suwon, with representatives from companies including NAVER and Hyundai WIA, as well as experts from academia and research institutions, to discuss plans for the program.

Under the Corporate Regulatory Interpretation Program, businesses explain the difficulties they face in management and technical operations, and Gyeonggi Province analyzes the relevant laws and causes of the regulatory barriers before turning them into specific proposals that central government ministries can review. The program aims to reduce the burden on businesses of analyzing laws and drafting proposals, and to help ensure that on-the-ground difficulties lead to actual improvements in the regulatory system.

At the meeting, NAVER raised difficulties related to the use of geospatial information. It said that when geospatial information whose release is restricted for national security and public safety reasons is provided to companies that have passed security reviews, the review criteria should be revised to allow encrypted information and communications networks to be used instead of physical storage media, as is currently the case, thereby reducing time and management costs.

Gyeonggi Province held a regulatory improvement meeting with companies and experts on the 4th at the provincial government offices in Gwanggyo, Suwon. The meeting brought together corporate representatives, including those from Naver and Hyundai Wia, as well as experts from academia and research institutes. Participants pose for a commemorative photo. Photo provided by Gyeonggi Province.

Hyundai WIA also explained institutional challenges related to parking robots. Under the current Parking Lot Act, automated transfer parking systems that use parking robots are uniformly classified as mechanical parking systems. The company said that a separate definition of “intelligent parking lot,” tailored to the technology’s characteristics, is needed to commercialize parking robots.

Kim Yongtae, a professor in the Department of ICT, Robotics and Mechanical Engineering at Hankyong National University, presented directions for regulatory improvements in the robotics sector. Park Jina, a research fellow at the Gyeonggi Research Institute, discussed how to turn businesses’ on-the-ground difficulties into specific regulatory improvement tasks, while Kim Minhyu, a professor in the Department of Public Administration at Dongguk University, presented on the need for and future development of the Corporate Regulatory Interpretation Program.

Participants discussed ways to improve unreasonable regulations in step with the pace of technological advances in cutting-edge industries such as AI and robotics, while ensuring safety and the public interest through sound institutional improvements.

Based on the business concerns raised at the meeting, Gyeonggi Province plans to review relevant laws and the need for improvements, seek expert advice, and submit specific proposals to central government ministries. The province also plans to strengthen its support system so that businesses can achieve practical improvements simply by explaining their on-the-ground difficulties, without having to analyze complex regulations themselves.

Kwon Juseong, Gyeonggi Province’s Economic Planning Director, said, “Businesses know their on-the-ground difficulties best, but they need expert support to turn them into proposed amendments to laws and regulations. Through the Corporate Regulatory Interpretation Program, under which businesses explain their difficulties and Gyeonggi Province identifies the regulations and develops proposals for improvement, we will pursue regulatory improvements that businesses can feel in practice.”

This content was produced with the assistance of AI translation services.