The Weekly Update (6)

May 2019

First ECCK Annual Report Now Available
ECCK White Paper 2018: Government Feedback Response
2019 Ulsan Investors’ Network Luncheon
ECCK-FKI HR Seminar
ECCK Participates ‘2019 Korea Economic Forum’
ECCK Participates in 2019 FIAC Meeting
'Implications of a Year Implementation of EU GDPR' Seminar with FKI
Busan Port Authority Investment Network Luncheon
CFO Forum on Changes to Audit Practice in Korea
Busan Global Gathering 2019
'Global Startup Festival Daejeon 2019'
CEO Forum: ‘Eyes Behind the Curtain – 12 Years of Life and Work in North Korea’
ECCK Delegation Participates in Academic EU-KOR Conference
Thank you for attending All European Network Night 2019
ECCK Membership Directory Now Available For Sale
[Notice] ECCK Logistics & Transport Committee Reappoints its Chairperson
[Announcement] Reporting of Foreign Financial Assets 2018

ECCK Connect Spring Ad_LinkedIn

First ECCK Annual Report Now Available

The ECCK is pleased to announce that our very first ECCK Annual Report is now available. Its purpose is to provide our members and partners with the highlight of ECCK’s activities and achievements throughout the preceding year.
WEB SLIDE BANNER_White Paper

ECCK White Paper 2018: Government Feedback Response

After the release of the 2018’s White Paper last November, the ECCK received feedbacks on the 123 recommendations from the Korean government in April 2019. To find out more click HERE.
2019 Ulsan Investors’ Network Luncheon_1

2019 Ulsan Investors’ Network Luncheon

On May 29, the ECCK organized Ulsan Investors’ Network Luncheon at the Grand Hyatt Seoul. Hosted by Ulsan Metropolitan Government, the event was organized with informative sessions to help the ECCK members’ better understanding of investment opportunity in Ulsan.
SAMSUNG CSC

ECCK-FKI HR Seminar

On May 8, the ECCK hosted an HR Seminar with the Federation of Korean Industries. During the seminar, Country Manager of RDI Worldwide Ltd Gordon Dudley, Account Director of EF Corporate Solutions Sangho Lee and Director of Visa Master Giljun Yang delivered presentations on career developments in European companies.
FSC

ECCK Participates ‘2019 Korea Economic Forum’

On May 27, the ECCK participated in the 2019 Korea Economic Forum organized by the Korea Joongang Daily. Representatives from the ECCK including Chairperson Dimitris Psillakis met and discussed with Financial Services Commission Chairman Choi Jong-ku to learn more about the current developments in the Korean economy and future outlook of the Korean financial industry.
2019 FIAC Meeting

ECCK Participates in 2019 FIAC Meeting

On May 17, the ECCK attended the 2019 Foreign Investment Advisory Council (FIAC) Meeting. The meeting focused on discussing ideas for ‘Test bed Seoul’ and ‘Seoul Global Challenge’ projects to help innovative companies to grow.
EU GDPR Seminar

‘Implications of a Year Implementation of EU GDPR’ Seminar with FKI

On May 21, the ECCK hosted a seminar with the Federation of Korean Industries under the theme of ‘Implications of a Year Implementation of EU GDPR’. The seminar was held to evaluate a year of EU GDPR implementation and to review the impact of EU GDPR on personal information protection law system in Korea.

Busan Port Authority Investment Network Luncheon

On May 15, the ECCK organized the Busan Port Authority Investment Network Luncheon. During the seminar, BPA delivered a presentation under the theme of ‘Current Status & Development Strategy of Busan Port’, and Gyeonsangnam-do Province provided information on ‘The Global Hub for International Business & Logistics’.
CFO Forum_2

CFO Forum on Changes to Audit Practice in Korea

On May 15, ECCK hosted a CFO Forum under the theme of ‘Changes to Audit Practice in Korea’. Attended by CFOs across various industries, EY Korea’s Partner Jae-Yong Aum and Audit Senior Manager Pierre Chabaud delivered presentations.
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Busan Global Gathering 2019

On May 19, the ECCK IPR Committee conducted its IPR Awareness Campaign at the 14th Global Gathering organized by the Busan Metropolitan Government. The Global Gathering is an annual international event organized in Busan, attracting around 30,000 visitors and 200 promotional booths.
the investor image daejeon

‘Global Startup Festival Daejeon 2019’

On May 22, ECCK President Christoph Heider spoke about the start-up scene and support programs in Europe at the Global Startup Festival Daejeon 2019. The 3-day conference was hosted by the Daejeon Metropolitan City in cooperation with The Korea Herald.

Read More: [The Investor] European nations pitch to attract Korean startups at EXIT Daejeon 2019
CEO Forum 05222019

CEO Forum: ‘Eyes Behind the Curtain – 12 Years of Life and Work in North Korea’

In the morning of May 22, the ECCK hosted the second ECCK CEO Forum of this year. It featured HMP Law Senior Foreign Attorney Dr. Michael Hay’s presentation on his experience as a lawyer who in 2004 opened the first ever foreign-invested law firm in North Korea.
Academic EU-KOR Conference 05102019

ECCK Delegation Participates in Academic EU-KOR Conference

On May 10, an academic conference on ‘EU Trade and Industry Policy in 2019 and Korea’s Policy Options’ was held at Pukyung National University in Busan. The conference included a special panel on ‘Issues of Trade and Industry Sectors between the EU and Korea’ in which ECCK delegates participated as speakers.
ECCK_All European 2019_3

Thank you for attending All European Network Night 2019!

On May 16, the ECCK successfully hosted All European Network Night 2019 under the theme of ‘The Starry Night in Europe’ at The Shilla Seoul. The evening could not have happened without our valued members and friends. We truly appreciate your continuous interest and support!
ECCK Connect Spring Ad_LinkedIn (2)

ECCK Membership Directory 2019: Now Available!

The ECCK is pleased to announce that the ECCK Membership Directory 2019 has been published! For more information, please contact Ms. So Hyeun Cho (sohyeun.cho@ecck.eu / +82.2.6261.2714).

[Notice] ECCK Logistics & Transport Committee Reappoints its Chairperson

Mr. Dirk Lukat
ECCK is pleased to announce that Mr. Dirk Lukat, CEO of Schenker Korea, has been reappointed as the Chairperson of Logistics & Transport Committee.

[Announcement] Reporting of Foreign Financial Assets 2018

Reporting of Foreign Financial Assets 2018: The National Tax Services (NTS) requires residents (individuals and corporations) to report their overseas financial assets to Korean authorities. The ECCK would like to stress the importance of this requirement as non-compliance might lead to penalties of 20% of the under-reported / non-reported amount or even to criminal cases. The threshold was lowered from KRW 1.0 billion to KRW 500.0 million. The deadline for the reporting of overseas financial accounts is June 30, 2019. If in scope but not yet reported, we recommend you doing this quickly as penalties are increasing over time. The threshold of KRW 500.0 million is valid for 2018 to be reported in 2019.

Members & Partners

GrandHyattSeoul-Presidential Suite

[Grand Hyatt Seoul] Transformation to new heights of luxury

After an extensive transformation, Grand Hyatt Seoul is excited to announce the introduction of the completed renovation of all 615 guestrooms and suites. Please click here for reference video.

Upcoming ECCK Events

Be sure to check out our External Events Calendar.
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