Republic of Korea: Amendment of the Enforcement Decree of the Specialized Credit Financial Business Act
Progress
Current status
processing consultation
13 Feb 2024 processing consultation
04 Jan 2024 in consultation
Scope
Implementers
Republic of Korea
Policy Area
Consumer protection
Policy Instrument
User identification requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national
Timeline of events
Closed Public Consultation on the Amendment of the Enforcement Decree of the Specialized Credit Financial Business Act
On 13 February 2024, the Financial Services Commission of the Republic of Korea closed its consultation on the amendment of the "Enforcement Decree of the Specialized Credit Financial Business Act". The amendment aims to diversify the funding method…
SourceEvent type
order
Action type
consultation closed
Government branch
executive
Government body
other regulatory body
Opened Consultation on the Amendment of the Enforcement Decree of the Specialized Credit Financial Business Act
On 4 January 2024, the Financial Services Commission (FSC) of the Republic of Korea opened a consultation on the amendment of the “Enforcement Decree of the Specialized Credit Financial Business Act” until 13 February 2024. The amendment aims to div…
SourceEvent type
order
Action type
consultation opened
Government branch
executive
Government body
other regulatory body