South Korea

Enacted

AI Basic Act

Status

Enacted

Effective Date

January 2026

Region

Asia

Penalties

Fines up to KRW 300 million

Overview

Comprehensive AI framework law establishing rights and obligations. Balances regulation with support for AI industry growth.

Regulatory Approach

Risk-based with innovation focus

Key Requirements

+

High-risk AI classification system

+

Impact assessments required

+

AI Ethics Committee established

+

Support for AI industry development

Other Countries