Republic of Korea: Ministry of Science and ICT regulatory sandbox review and exceptions for emerging technologies
Progress
Current status
in force
17 Oct 2024 in force
Scope
Implementers
Republic of Korea
Policy Area
Data governance
Policy Instrument
Data protection regulation
Regulated Economic Activity
software provider: other software
Government Branch
executive
Government Body
central government
Implementation Level
national
Timeline of events
Adopted Ministry of Science and ICT order providing exceptions for real-time fraud detection technologies
On 17 October 2024, the Ministry of Science and ICT (MSIT) adopted 15 special regulatory exceptions for various technologies and among these exceptions is the real-time fraud detection service that focuses on preventing voice phishing crimes. The se…
SourceEvent type
order
Action type
implementation
Government branch
executive
Government body
central government