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Credit Information Use and Protection Act — Article 3 (Fostering industries related to credit information)

신용정보의 이용 및 보호에 관한 법률 제3조

This English translation is based on the Korean text effective 2026-08-13. The Korean law has since been amended (current version effective 2026-09-11) — check the Korean original.

(1) The Financial Services Commission may, if deemed necessary to improve credit information companies' capability to provide credit information as well as to facilitate utilization of credit information, formulate plans for fostering industries related to credit information. <Amended on Feb. 4, 2020>

(2) The Financial Services Commission may, if deemed necessary to facilitate implementation of plans under paragraph (1), request cooperation of the head of a relevant administrative agency, who, in turn, shall comply with such request in the absence of good cause.[Title Amended on Feb. 4, 2020]

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