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[ -AIȰ]

An official from the Fair Trade Commission (FTC) stated regarding the initiative, "Through the operation of the Unfair Subcontracting Reporting Center for the next 50 days, we will encourage voluntary correction of unpaid subcontracting fees by prime contractors and prompt early payment before the holiday. We expect this to alleviate financial difficulties for small and medium-sized enterprises and help prevent violations of the Subcontract Act." The FTC, led by Chairperson Byung-gi Ju, announced that it will install and operate the 'Unfair Subcontracting Reporting Center' for 50 days from August 5 to September 23, 2026.

According to the FTC, the measure considers the surge in cash demand among SMEs ahead of Chuseok for bonuses and operational costs. The center aims to encourage timely payments, mediate voluntary settlements between parties, and conduct on-site investigations if necessary to resolve disputes rapidly.

The reporting centers will operate across 12 locations in five major regions nationwide, including 7 in the metropolitan area, 2 in Daejeon/Chungcheong, 1 in Busan/Gyeongnam, 1 in Gwangju/Jeolla, and 1 in Daegu/Gyeongbuk. Submissions will be accepted via mail, fax, website, and telephone consultation. The FTC also plans to request major business associations, including the Korea Chamber of Commerce and Industry, to urge member firms to release payments prior to the holiday. The FTC added that during the previous Lunar New Year, it facilitated the payment of 23.2 billion KRW across 182 cases of unpaid fees and induced early payments worth 3.4828 trillion KRW.

While opening dedicated dispute channels and asking major enterprises to expedite payments offers a plausible narrative for supporting SME liquidity, skepticism remains.

Critics argue that responding to chronic subcontract payment delays with voluntary guidelines and telephone consultations right before major holidays borders on reactive showmanship. To deliver real results beyond seasonal campaign announcements, the FTC must establish concrete policy alternatives, such as implementing punitive damages for habitual defaulters and enforcing strict, mandatory administrative sanctions throughout the year.
gyj1119@naver.com
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