South Korea Credit Information Act
MyData and data transmission – South Korea Credit Information Act

South Korea Credit Information Act 22-9.4-7: Data holders: direct secure transmission to MyData operators

What does 22-9.4-7 require?

When a data subject asks for their personal credit information to be sent to a MyData operator, the provider or user (or designated public body) transmits it directly in the secure and reliable manner the Decree prescribes, or through a designated relay institution where size and transaction frequency allow, and may charge the MyData operator only the minimum cost for periodic transmission.

Maintained by Gerard BlokdykVerified against the published standard Control text last updated

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