HOME > > LAW COULMN > Summary of Recent Revision to the Specified Commercial Transactions Act June 10, 2022
On June 1, 2022, the revised Act on Specified Commercial Transactions (the “Revised Act”) came into effect. The Revised Act incorporates several significant changes, including the strengthening of regulations on mail-order advertising and the introduction of the “Specified Application” system.The following presents a brief summary of the revision from the viewpoint of the impact the revision will have on corporate legal affairs.