Korean Law in English
Laws › Credit Information Use and Protection Act › CHAPTER VIII SUPPLEMENTARY PROVISIONS

Credit Information Use and Protection Act — Article 49 (Delegation and entrustment of authority)

신용정보의 이용 및 보호에 관한 법률 제49조

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.

The Financial Services Commission's authorities prescribed by Presidential Decree under this Act may be delegated or entrusted to the Special Metropolitan City Mayor, a Metropolitan City Mayor, a Special Self-Governing City Mayor, a Do Governor, a Special Self-Governing Province Governor, the Governor of the Financial Supervisory Service, a centralized credit information collection agency, a data agency, the Credit Information Companies Association, or other persons prescribed by Presidential Decree, as prescribed by Presidential Decree. <Amended on Aug. 14, 2018; Feb. 4, 2020>

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