Republic of Korea: Korean Financial Supervisory Service investigation into Kakao's alleged unlawful transfer of personal data without user consent to Alipay
Progress
Current status
under investigation
13 Aug 2024 under investigation
Scope
Implementers
Republic of Korea
Policy Area
Data governance
Policy Instrument
Data protection regulation
Regulated Economic Activity
platform intermediary: e-commerce
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national
Timeline of events
Announced results of FSS investigation into Kakao’s transfer of personal data without user consent to Alipay
On 13 August 2024, the Korean Financial Supervisory Service (FSS) announced the results of its investigation into Kakao Pay's overseas payment services conducted between May and July 2024. The FSS concluded that Kakao has provided Alipay personal da…
SourceEvent type
investigation
Action type
interim ruling
Government branch
executive
Government body
other regulatory body