A credit information company, etc. prescribed by Presidential Decree shall take measures necessary to fulfill the liability to compensate damage under Article 43, such as purchase of insurance, joining a mutual aid program, or accumulation of reserves, in accordance with the standards determined by the Financial Services Commission.[This Article Added on Mar. 11, 2015]
Laws › Credit Information Use and Protection Act › CHAPTER VI PROTECTION OF CREDIT DATA SUBJECT
Credit Information Use and Protection Act — Article 43-3 (Guarantee of compensation for damage)
신용정보의 이용 및 보호에 관한 법률 제43조의3
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.
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