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Regulation summary
Regulation summary
We provide regulation summary service
HIC offers a comprehensive regulatory risk summary service.
Our expert team researches investigates the regulatory status through official gazettes and provide the up-to-date English summaries of legislation updatesin the promulgation or amendment stage. We analyze regulations in comparison to overseas regulations and provide regulatory risk assessments relevant to customer business. Our monthly summary report recaps the regulation agenda raised in the previous month, provides updates on regulation issues, and senses industry meetings prior to legislation progress. Additionally, our CRM Focus-On service alerts imminent implementation and upcoming enforcement timings of regulations, checks compliance/non-compliance status, and communicates compliance issues with HQ to improve compliance management.
HIC’s main roles are
- Regulatory Risk Assessment Report
- Research Official gazette & 4 Ministries (MOLIT, MOE, MOTIE, MSIT)
- Analyze the regulation & compare with overseas regulation
- Provide english summary on legislation updated (promulgation/draft)
- Regulatory risk assessment relevant to customer’s business
- Follow-up HQ feedback and discussion
- Monthly Summary Report
- Recapitulate regulation agenda raised per one month
- Remind & update regulation issues
- Sense check for industry meeting prior to legislation progress
- Provide monthly magazine on legislation updated
- Arrange monthly regulation meeting with HQ
- CRM Focus-on
- Alert imminent implementation & upcoming enforcement timing
- Status check on compliance/non-compliance
- NT/AT application study
- Implementation timeline to prepare for annual compliance
- Market sense check for emerging issues
- Communicate compliance issue with HQ
- Regulatory Database
HIC’s regulatory database is designed to provide a comprehensive and up-to-date view of the latest automotive regulations and standards in Korea. Our database is accessible through a secure, web-based platform powered by Microsoft Power BI, which provides easy access and visualization of the data. With its interactive dashboards and powerful data analysis capabilities, our regulatory database is the perfect solution for tracking and managing your compliance requirements. Our database is designed to provide you with a clear and concise view of the latest regulations, including information on relevant standards, timelines, and other critical details. Whether you are looking to stay up-to-date on the latest regulatory changes, or need to monitor your compliance status, our database is the perfect solution. We understand the importance of data security and privacy, which is why our database is hosted on a secure, cloud-based platform. At HIC, we are committed to providing our clients with the tools they need to stay ahead in the fast-paced and ever-changing automotive industry. Our regulatory database is just one of the many ways we are helping our clients to achieve their goals and stay ahead of the curve.
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