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Enforcement Decree of the Commercial Act — Article 41 (Qualification criteria for compliance officers)

상법 시행령 제41조

This English translation is based on the Korean text effective 2026-07-01. The Korean law has since been amended (current version effective 2026-07-23) — check the Korean original.

"Persons prescribed by Presidential Decree" in Article 542-13(5)3 of the Act means the following: <Amended on Aug. 9, 2022>

1. Persons who have worked for a listed company as an auditor, audit committee member, or compliance officer, or in the legal affairs department relating to such functions for an aggregate of at least 10 years;

2. Persons who hold at least a master's degree in law and who have worked for a listed company as an auditor, audit committee member, or compliance officer, or in the legal affairs department relating to such functions for an aggregate of at least 10 years (including the working experience before acquiring a bachelor‘s degree).

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