A consolidated bill intended to reform data protection legislation in Korea is expected to be debated in the Korean National Assembly this Spring.  The text of the consolidated bill, which was put together in April 2010 and which combines elements of previous draft bills, has not been made public but there are fairly well informed predictions as to its likely coverage based on the content of previous draft bills. 

Among other things, it is expected that the consolidated law will establish: (i) a framework data protection law, which will cover both public and private sector organizations, (i) an independent commission for data protection, (ii) more detailed notification obligations towards data subjects and (iii) more significantly, data breach notification provisions, which are expected to apply towards regulators and data subjects and which are likely to apply in the case of material breaches.