Risk Division of the Company issues the following ADVISORY to investors, partners, clients, and to interested members of the public:
Reuters has translated the formal proclamation:
1. All political activities, including the activities of the National Assembly, local councils, and political parties, political associations, rallies and demonstrations, are prohibited.
2. All acts that deny or attempt to overthrow the liberal democratic system are prohibited, and fake news, public opinion manipulation, and false propaganda are prohibited.
3. All media and publications are subject to the control of the Martial Law Command.
4. Strikes, work stoppages and rallies that incite social chaos are prohibited.
5. All medical personnel, including trainee doctors, who are on strike or have left the medical field must return to their jobs within 48 hours and work faithfully. Those who violate will be punished in accordance with the Martial Law.
6. Innocent ordinary citizens, excluding anti-state forces and other subversive forces, will be subject to measures to minimize inconvenience in their daily lives.
"I declare martial law to protect the free Republic of Korea from the threat of North Korean communist forces, to eradicate the despicable pro-North Korean Violators of the above proclamation may be arrested, detained, and searched without a warrant in accordance with Article 9 of the Martial Law Act of the Republic of Korea (Special Measures Authority of the Martial Law Commander), and will be punished in accordance with Article 14 of the Martial Law Act (Penalties)."
Martial Law Commander, Army General Park An-su, Tuesday, December 3, 2024.
Under South Korean law, martial law can be lifted with a majority vote in the parliament, where the opposition Democratic Party holds a majority.
Soon after the declaration, the National Assembly speaker called on his YouTube channel for all lawmakers to gather at the Assembly building. He urged military and law enforcement personnel to “remain calm and hold their positions.
All 190 lawmakers who participated in the vote supported the lifting of martial law. Television footage showed soldiers who had been stationed at parliament leaving the site after the vote.
This development, in conjunction with the expansion of the Third World War across contiguous theaters, represents a further marker indicia of theater ignition ("MITI") for the region.
United States Forces Korea represents roughly 24,000 troops on the peninsula, with expected accoutrements of war, amid roughly 5.5 million active and reserve troops on the peninsula between the various belligerents in the frozen conflict.
Due to the rapidly evolving nature of news originating from South Korea, the Company will not attempt to keep investors, partners, clients, and members of the public up to date on individual incidents and news.
Risk Division issues the following ADVISORY for individuals, organizations, and institutions who wish to monitor the conflict and adequately prepare subordinate assets:
Risk Division also issues the following recommendations for your safety and security:
Risk Division does not advise stockpiling of essentials at this time or preparation for local conflict outside the indicated theater(s) beyond normal preparedness and equipage.
Investors, partners, clients, and members of the public in South Korea are advised to monitor their national foreign service for instructions.
You are reminded that you are responsible for the safety and security of your prioritized assets, and continued sustenance and provision of the same, as identity and meaning come into multi-theater conflict.
Members of the public are reminded to conduct their Raw Human Capital and Militant Rank assessments in preparation for conflict expansion.
Individuals who seek immediate and ongoing notification of Company Reports and Risk Division Advisories may also subscribe to our official Telegram channel.
Investors, partners, and clients with questions should reach out to their Relationship Manager.
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