South Korea Credit Information Act
Licensing and corporate matters – South Korea Credit Information Act

South Korea Credit Information Act 4: Licence before carrying on credit information, MyData or debt collection business

What does 4 require?

No one may carry on credit information business (personal credit rating, sole-proprietor credit rating, corporate credit inquiry, credit investigation), personal credit information management business (MyData) or debt collection business without a licence from the Financial Services Commission (FSC); the licence may carry conditions.

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

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