Published: 24 September, 2018
Ministry of Environment publishes confidential business information review guideline
On 8th August, South Korea’s Ministry of Environment published guidance on the disclosure of chemical substance statistics and emission survey results. A number of companies had previously expressed concerns that the release of statistical data and emission survey results would threaten confidential business information (CBI).
In order to be considered as CBI, the information must not be known to the public, and parties with access to the information must be restricted from disclosing it (via non-disclosure agreements etc)..
MoE guidance (in Korean): http://www.me.go.kr/home/web/board/read.do?boardMasterId=39&boardId=891560&menuId=290
Ministry of Environment recalls 14 risk-concern products
On 2nd August, the Ministry of Environment published an announcement stating that 14 products from 14 companies were found to have breached the safety and labelling criteria for products of risk concern.
Among these, one detergent product exceeded the safety standard of ethanolamine (<0.1%) by 5.8 times and two car washer liquids exceeded the safety standard of methyl alcohol (<0.6%) by 38.3 times and 51.3 times, respectively. The other 11 products failed to disclose all hazardous substances on their labels.
Under Article 37 of K-REACH, any company that has been prohibited from selling these products must refund, exchange or collect products already sold to consumers.The manufacturers and importers responsible for the violations are facing prosecution.
Ministry of Environment Announcement (in Korean): http://www.me.go.kr/home/web/board/read.do?boardMasterId=1&boardId=889190&menuId=286
Yordas Group can support you at every stage towards successful notification in Asia Pacific, from providing up-to-date information and identifying your regulatory obligations, to substance characterisation, commissioning of testing, risk assessment and submission of notifications. We provide in-country representation through our network of local partners. For more information on how these latest regulatory updates may affect your business, call our expert team on +44 (0)1524 510278 or email email@example.com.