On March 21, 2024, the Ministry of Food and Drug Safety (MFDS) announced three main initiatives for the cosmetics industry in 20241, to echo international standards and promote industrial growth through advanced safety management:
Implementation of a proactive safety network based on science
| Establishing cosmetics safety assessment for echoing the global market and supporting cosmetic exports
Ensuring consumer safety by strengthening distributed cosmetics’ safety and quality
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Implementation of safety and welfare that allows everyone to enjoy at any time | Introducing cosmetic e-labeling to improve product labeling and advertising
Enhancing the management of customized cosmetics for safety consumption
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Innovation of regulation | Operating communication platform "Jump Up K-Cosmetic" for regulatory improvement and industry support
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ChemLinked Note
One notable project is the cosmetics safety assessment system. This system is expected to serve as a transition from a government-led approach that only defines prohibited and restricted ingredients to a safety assessment system that emphasizes the voluntary responsibility of businesses.
The direction of the system's implementation involves enterprises providing evidence of the safety of their cosmetics and maintaining relevant data, while receiving support from technology and evaluation personnel assignedby the government. According to MFDS notice, the authority plans to collect and develop safety assessment data for each ingredient and publish it to cosmetic companies through a cross-government platform. Additionally, training programs for cultivating specialized professionals and guidance materials are all in MFDS's plan in 2024.
According to previous experience, MFDS is likely to establish a roadmap for the new system, as well as provide a comprehensive support plan. ChemLinked will keep you up to date.