Korea releases draft chemical regulation overhaul for public comment
On Feb. 25, South Korea's Ministry of the Environment released a draft of the "Act on the Registration and Evaluation of Chemicals" for a 60-day comment period, according to a Feb. 28 client alert from the law firm Keller & Heckman. The draft would significantly amend the current Korean Toxic Chemicals Control Act and introduce many REACH-like concepts into South Korea's regulation of chemicals, such as pre-registration, registration, evaluation, authorization and restriction, the alert notes. But in practice these concepts would apply differently in South Korea, the alert continues. "Most notably, registration will apply to new substances and to priority existing chemical substances selected on the basis of potential risk," it states.