South Korea Credit Information Act
The South Korea Credit Information Use and Protection Act (as amended 2020, effective 2021) regulates the collection, use, and protection of credit information (financial and personal credit data). The 2020 MyData amendments enable individuals to request their financial data be transferred to authorized third-party service providers.
Domains
Supervision and Enforcement
Chapter VI — Protection of Data Subjects
Chapter IV — Distribution, Use, and Management
Chapter III — Collection, Investigation, and Processing
Chapter I — General Provisions and Licensing
Frequently Asked Questions
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