The Korea Fair Trade Commission announced the enforcement of the amendment to the Enforcement Decree of the Fair Trade Act, which grants up to a 20% penalty reduction to companies that receive superior ratings through the operation of a Compliance Program (CP), drawing industry-wide attention.

Companies that have been operating for more than one year and meet the CP requirements will be able to receive a one-time penalty reduction of 10% if they receive an AA rating in FTC's CP evaluation, and 15% if they receive an AAA rating.

An additional 5% penalty reduction is possible if the company (business operator) proves that it has detected and stopped the violation of the law under investiga