(1) Where a credit information provider or user outsources recruitment business (referring to the business of concluding contracts related to his or her business on behalf of other persons or mediating such contracts, regardless of how named; hereinafter the same shall apply) to a third party for operating his or her business, he or she shall verify the following matters as to the person outsourced with such recruitment business and prescribed by Presidential Decree (hereinafter referred to as "agent of recruitment business"):
1. Whether any credit information acquired or provided by fraud or other improper means or methods (hereinafter referred to as "illegally acquired credit information") is used in the recruitment business;
2. Channels through which personal credit information, etc. used in the recruitment business is acquired;
3. Other matters prescribed by Presidential Decree.
(2) If a credit information provider or user verifies that an agent of recruitment business has used illegally acquired credit information in recruitment business, he or she shall terminate the entrustment contract with the relevant agent of recruitment business.
(3) Upon terminating the entrustment contract with an agent of recruitment business under paragraph (2), a credit information provider or user shall notify this to the Financial Services Commission or a registration agency prescribed by Presidential Decree.
(4) Matters necessary for verification under paragraph (1) and timing, methods, etc. of reporting under paragraph (3) shall be prescribed by Presidential Decree.[This Article Added on Mar. 11, 2015]