(1) No person who fails to obtain permission for a credit information business, MyData business, or claims collection business shall engage in a credit information business, MyData business, or claims collection business: <Amended on Feb. 4, 2020>
(2) Any person who intends to engage in a credit information business, MyData business, or claims collection business shall obtain permission from the Financial Services Commission. <Amended on Feb. 4, 2020>
(3) Any person who intends to obtain permission under paragraph (2) shall file an application with the Financial Services Commission, as prescribed by Presidential Decree.
(4) The Financial Services Commission may attach conditions to the permission under paragraph (2).
(5) Any matter concerning an application for permission, including methods to fill out a permission application form in relation to permission pursuant to paragraph (2), and the procedure and standard for permission review, and any other necessary matters shall be prescribed by Prime Ministerial Decree.[Title Amended on Feb. 4, 2020]