Wholly Amended by Ordinance of the Prime Minister No. 911, Oct. 1, 2009
Amended by Ordinance of the Prime Minister No. 958, Aug. 18, 2011
| Article 1 (Purpose) |
| Article 2 Deleted. <by Ordinance of the Prime Minister No. 958, Aug. 18, 2011> |
| Article 3 (Procedure, etc. for Examination of License) |
| (1) | The Financial Services Commission shall, upon receipt of an application for a license for credit information business under Article 4 (3) of the Use and Protection of Credit Information Act (hereinafter referred to as the "Act"), confirm as to whether the details of the application are true and then examine whether the details of the application satisfy the requirements for license under Article 6 of the Act. <Amended by Ordinance of the Prime Minister No. 958, Aug. 18, 2011> |
| (2) | The Financial Services Commission shall publish each applicant, date of application, details of application, the methods and period of presenting opinions, on Internet homepage, etc. in order to gather opinions of interested parties, etc. with respect to the details of a license for credit information business. |
| (3) | The Financial Services Commission shall, when granting a license of credit information business, take into consideration opinions from interested parties, etc. gathered pursuant to paragraph (2). |
| (4) | Other matters necessary for a licence of credit information business shall be prescribed and published by the Financial Services Commission. |
| Article 4 (Report on Suspension or Discontinuance of Business) |
| Article 5 (Report, etc. on Concurrent Operation of Business) |
| 1. | Whether it is unlikely to undermine sound management of the relevant credit information company and the concurrent operation of business is able to contribute to enhancing profits, in light of estimated business scale, forecast of profit and loss, etc. of the concurrent operation of business; |
| 2. | Confirmation statement or documents proving that authorization, permission, registration, approval, etc. is granted if authorization, permission, registration, approval, etc. is required to concurrent operate another business under related Acts and subordinate statutes; |
| 3. | Confirmation statement or documents proving that organization, professional personnel, and appropriate business structure necessary to prevent conflict of interests and unjust activities that can be incurred in the course of concurrently operating another business. |
| Article 6 (Criteria for Administrative Disposition) |
| Article 7 (Registration Fees of Delegated Claims Collector) |