Former Financial Supervisory Service Governor Lee Bok-hyun to Represent Bond Investors in Case Involving JTBC Lee is expected to sign a legal representation agreement with the law firm Changcheon and the JoongAng Group bond investors in the near future. SBS Jul 6, 2026 11:02 PM
"Online Gag Order" vs. "Regulation of Fake News"... Political Tensions Rise The People Power Party has labeled the revised Information and Communications Network Act, which takes effect tomorrow, July 7, as an "online gag order" that infringes on freedom of expression, and has demanded its revision. SBS Jul 6, 2026 9:20 PM
Lee Byung-tae Resigns Over '5·18 Sacred Cow' Remarks: "No Regrets About Raising Necessary Issues" ▲ Lee Byung-tae, Vice Chair of the Regulatory Rationalization Committee, speaks … SBS Jul 6, 2026 7:56 PM
Agoda Fined 2.424 Billion Won for Failing to Clearly Disclose Refund Terms The Korea Broadcasting and Media Communications Commission held its 22nd plenary session on July 6 and imposed a corrective order along with a fine of 2.424 billion won on the online travel platform Agoda for failing to clearly disclose important information such as refund conditions and cancellation or change fees. SBS Jul 6, 2026 7:47 PM
Broadcasting and Media Communications Commission Proceeds with Appointment of New Public Broadcaster Board Members The BMCC recommended four candidates for the board of the Korean Broadcasting System to the President for appointment. SBS Jul 6, 2026 7:26 PM
Controversy Over 'Profit-Making' Polymarket: Review Committee Begins Deliberation Process The KCSC's Communications Review Subcommittee held a meeting earlier today and resolved to grant Polymarket an opportunity to state its position before making a final decision on whether to demand corrective measures. SBS Jul 6, 2026 7:25 PM
Health Supplement Ads Claiming "Increased Cartilage Cells" Face Regulatory Action; KCSC Issues 'Caution' The Korea Communications Standards Commission decided on July 6 to issue a legal sanction of "Caution" against two home shopping broadcasts that exaggerated the efficacy of health functional foods based on animal test results or implied they could prevent or treat diseases. SBS Jul 6, 2026 7:23 PM
Hong Ik-pyo Criticizes U.S. Congressional Report on 'Coupang Discrimination' as "Highly Inappropriate" Congressional report alleging that the South Korean government discriminates against U.S. SBS Jul 6, 2026 7:17 PM
Jang Dong-hyeok: "Permanent Ban on Reinstatement for Those Who Commit Acts Against the Party" People Power Party Leader Jang Dong-hyeok reportedly stated during a closed-door Supreme Council meeting held today that "for serious acts against the party, we must amend the party constitution and regulations to permanently ban reinstatement." During today's closed-door meeting, conflicts surrounding the election of chairpersons for the Pohang City Council in North Gyeongsang Province and the Okcheon County Council in North Chungcheong Province were discussed. SBS Jul 6, 2026 6:30 PM
Lee Byung-tae, Vice Chair of Regulatory Rationalization Committee, Resigns After '5·18 Has Become a Sacred Cow' Remark Lee Byung-tae, Vice Chair of the Regulatory Rationalization Committee, has resigned following controversy over his recent remarks that the May 18 Democratization Movement has become a "sacred cow." The Blue House announced that it would accept his resignation immediately. SBS Jul 6, 2026 6:15 PM