<Anchor> It
's friendly economy time.
Reporter Han Ji-yeon is also here today (the 13th).
A bill to amend the Labor Standards Act to prevent business contacts from contacting employees during non-working hours has been proposed.
<Reporter>
Yes, even during the Chuseok holiday, those who contacted subordinates at work must be a little nervous.
An amendment to the Labor Standards Act was proposed to ban work orders using communication means such as phone calls, text messages, and social media during non-working hours.
However, work orders outside of working hours were limited to repetitive and continuous cases.
It is an explanation that it is possible to avoid criticism of over-regulation while increasing the effectiveness of the law because it is not a penalty for contacting me once or twice.
Therefore, it is already pointed out that there will be considerable confusion if the bill is implemented.
<Anchor>
That's right.
It seems that the standard is a bit vague, so it seems like a situation that needs improvement.
However, this issue has been raised for quite some time.
<Reporter>
Yes, the work through social media has increased due to the corona virus.
In addition, there was a survey that higher-ranking managers had a higher perception that SNS work orders outside of working hours were “no problem”.
This is not the first time the aforementioned bill has been proposed.
It was proposed in the last 20th National Assembly, but it was discarded after not being passed due to criticism of over-regulation.
There were also industry efforts.
For a few years ago, there have been cases where large corporations have banned work-related KakaoTalk after 10 p.m.
However, there are still many cases of people complaining about the stress of KakaoTalk for work orders. In foreign countries, France, Italy, Slovakia, etc. guarantee personal life after work with the 'right not to be connected' by labor laws.
<Anchor> In
the future, when executives or major shareholders of listed companies sell stocks, it is likely that they will change to announcing the sale contract in advance.
<Reporter>
Until now, disclosure was made ex post, but in the future, a plan will be prepared to disclose at least 30 days in advance.
The FSC has decided to submit this amendment to the Capital Market Act to the National Assembly within the year.
The content to be included in the disclosure includes the purpose of sale, price, quantity and expected period.
The person obligated to disclose must submit the trading plan to the Financial Supervisory Service, but withdrawal is prohibited after the trading plan is submitted.
After the sale, it is also checked whether the plan has been carried out through a post-disclosure announcement.
If the disclosure is not made, false disclosure, or non-fulfillment of the trading plan, sanctions such as penalties, fines, and administrative measures will be imposed.
However, there are also loopholes. Controversy is expected because it includes a clause that exempts the obligation to disclose in advance only in the case of possession of undisclosed material information or transactions that are not likely to have a significant market shock.
<Anchor>
That's right.
But what was the reason for the FSC to improve the system like this?
<Reporter>
This is to prevent a second Kakao Pay incident, which is the most representative case.
In December of last year, Kakao Pay's executives sold 90 billion won worth of their stock as stock options, leading to a sharp drop in the stock price.
If this happens, only the ants will shed tears of blood, and we are going to stop this.
A stock option is a system in which a company gives its employees the right to purchase treasury stock at a fixed price.
However, there have been many criticisms that it is being used in a so-called 'eat-out', in which the management buys treasury stocks at a low price with stock options after raising the stock price in Korea, then sells them in bulk and takes only cash.
A new regulation was introduced in March of this year.
Shares acquired through stock option exercise were restricted from selling for 6 months after listing, just like ordinary shares.
However, this measure alone could not regulate the disposal of stocks after the six-month protection period, so a supplementary measure is being prepared.