**As South Korea’s sitting president since June 2025, Lee Jae-myung benefits from constitutional immunity that generally shields the officeholder from criminal prosecution and arrest during the term, which runs until 2030.** Prior indictments tied to his time as Seongnam mayor and Gyeonggi governor—covering development projects, corporate sponsorships, and related allegations—were suspended after his election victory, with proceedings expected to resume only after he leaves office. Recent months have seen multiple complaints dismissed without charges, including police rulings finding no evidence he directed unauthorized payments to North Korea and dropping an election-law complaint over a social-media post. A Justice Ministry committee examining past prosecutorial practices has added some of his older cases to its review list, but this process focuses on alleged investigative overreach rather than advancing new prosecutions against the president. With his Democratic Party holding the legislative majority and no active arrest warrants or imminent indictments reported, traders view the risk of detention before 2027 as low. Only an extraordinary development, such as removal from office or a fundamental shift in legal immunity rules, would alter that outlook within the short window.