Story thread · 8 reports / 3 sources

Lee administration's reform drive raises concerns over rushed policymaking

koreatimes.co.kr · 5dShare

The Lee Jae Myung administration is sparking concerns that it is rushing through major reforms without fully assessing their risks, with critics arguing that it is hastily implementing policies and addressing unintended consequences only after they emerge. The concerns have been fueled by a disputed revised law, set to take effect on Oct. 2, that completely strips the prosecution of its direct investigative powers and high-risk, high-return single-stock leveraged exchange-traded funds (ETFs), rolled out just ahead of the June 3 local elections. Regarding the legislation on prosecution reform, the bill was passed by the National Assembly July 31 and cleared by the Cabinet Tuesday amid controversy that it would leave shortcomings in police investigations unaddressed. The controversy deepened particularly after allegations of police misconduct surfaced in a recent murder case involving a police officer's son. The majority-wielding ruling Democratic Party of Korea (DPK), however, placed gr

First report: What's left before Korea's prosecution reform takes effect — koreatimes.co.kr, 7d