대한민국 정부 Policy Update: 2026-07-31
On the 31st, the National Assembly passed a bill abolishing prosecutors' supplementary investigation powers, marking a major shift in the judicial system that has been in place for over 70 years. Additionally, the government approved an amendment to the Tourism Promotion Act to crack down on unfair overcharging.
대한민국 정부 Policy Update — 2026-07-31
Major Policy and Legislative Changes
1. Abolition of Prosecutors' Supplementary Investigation Powers via Criminal Procedure Act Amendment
Led by the Democratic Party of Korea, an amendment to the Criminal Procedure Act fully abolishing the direct investigation powers of prosecutors was passed at the National Assembly plenary session on the 31st. This marks a massive turning point for the prosecutor-centered judicial system that has persisted for 70 years since its inception in 1954.
2. Tourism Promotion Act Amendment to Curb Overcharging
The Ministry of Finance and Economy deliberated and approved the "Partial Amendment to the Enforcement Decree of the Tourism Promotion Act" at the 32nd Cabinet Meeting on the 28th. This amendment puts into action the plans for improving unfair overcharging that were announced during the Expanded National Tourism Strategy Meeting on February 25th.
3. Significant Shortening of Fast-Track Review Periods
On the 29th, the Democratic Party of Korea processed an amendment to the National Assembly Act in the Steering Committee, significantly shortening the fast-track review period from a maximum of 330 days to 90 days.
Regulatory Improvements and Administrative Changes
Regulatory Review to Boost Corporate Investment
To build an ecosystem where companies can actively invest and sustain growth, the Ministry of Finance and Economy is reviewing regulations related to high-tech strategic industries, industry-specific regulations, and support systems for small and medium-sized enterprises (SMEs).
Policy Impact and Future Schedule
Significance of the Judicial System Overhaul
With the abolition of prosecutors' supplementary investigation powers, the investigative framework—which has been prosecutor-centric for over 70 years—will shift toward a police-centered system, expected to trigger a redistribution of power among investigative agencies.
Enhancing Trust in the Tourism Industry
The amendment to the Tourism Promotion Act is expected to provide an institutional fix to curb unfair overcharging practices directed at tourists.
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