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Foreign Exchange Transactions Act — Article 21 (Notification to Commissioner of National Tax Service)

외국환거래법 제21조

This English translation is based on the Korean text effective 2021-09-16. The Korean law has since been amended (current version effective 2026-01-02) — check the Korean original.

(1) Notwithstanding other Acts, the Minister of Economy and Finance may directly notify the Commissioner of the National Tax Service, the Commissioner of the Korea Customs Service, the Governor of the Financial Supervisory Service or the President of the Export-Import Bank of Korea of data on transaction, payment, receipt, flow of funds, etc. to which this Act applies, or may have the Governor of the Bank of Korea, heads of foreign exchange agencies, etc., heads of customhouses or other persons prescribed by Presidential Decree notify the Commissioner of the National Tax Service, the Commissioner of the Korea Customs Service, the Governor of the Financial Supervisory Service or the President of the Export-Import Bank of Korea thereof.

(2) The Minister of Economy and Finance may have persons prescribed by Presidential Decree supply data on the transaction, payment, receipt, flow of funds, etc. to which this Act applies to credit information concentration agencies under Article 25 of the Credit Information Use and Protection Act. <Amended on Apr. 1, 2009>[This Article Wholly Amended on Jan. 30, 2009]

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