No. 11087
Promulgation Date 2011-11-14
Financial Services Commission
ALL
CHAPTER Ⅰ GENERAL PROVISIONS
Article 1 (Purpose)
Article 2 (Definitions)
Article 3 (Scope of Application)
Article 4 (Reciprocity)
CHAPTER Ⅱ RIGHTS AND DUTIES OF PARTIES TO ELECTRONIC FINANCIAL TRANSACTION
SectionS 1 Common Provisions
Article 5 (Use of Electronic Documents)
Article 6 (Selection, Use and Management of Means of Access)
Article 7 (Confirmation of Transaction Details)
Article 8 (Correction, etc. of Errors)
Article 9 (Liability of Financial Institution or Electronic Financial Business Operator)
Article 10 (Liability for Loss or Theft of Means of Access)
Article 11 (Status of Subsidiary Electronic Financial Business Operators)
SectionS 2 Electronic Payment Transactions, etc.
Article 12 (Validity of Electronic Payment Transaction Contract)
Article 13 (Time When Payment Takes Effect)
Article 14 (Withdrawal of Transaction Request)
Article 15 (Consent to Withdrawal of Deposits by Transfer)
Article 16 (Issuance, Use and Exchange of Electronic Currency)
Article 17 (Validity of Payment by Electronic Currency)
Article 18 (Transferability of Electronic Currency, etc.)
Article 19 (Refund of Electronic Prepayment Means)
Article 20 (Requisite for Setting Up Transfer of Electronic Bond)
CHAPTER Ⅲ SECURING OF SAFETY OF ELECTRONIC FINANCIAL TRANSACTIONS AND PROTECTION OF USERS
Article 21 (Duty to Secure Safety)
Article 21-2 (Designation of Chief Information Security Officer)
Article 22 (Creation and Preservation of Electronic Financial Transaction Records)
Article 23 (Issuance and Limit of Use of Electronic Payment Means)
Article 24 (Clarification, Notification of Alteration, etc. of Standardized Contract)
Article 25 (Preparation and Alteration of Standardized Contract)
Article 26 (Providing, etc. of Electronic Financial Transaction Information)
Article 27 (Settlement and Mediation of Disputes)
CHAPTER Ⅳ PERMISSION, REGISTRATION AND FUNCTIONS OF ELECTRONIC FINANCIAL BUSINESS
Article 28 (Permission and Registration of Electronic Financial Business)
Article 29 (Registration of Electronic Bond Management Agency)
Article 30 (Capital)
Article 31 (Requirements for Permission and Registration)
Article 32 (Disqualifications for Permission and Registration)
Article 33 (Application, etc. for Permission and Registration)
Article 34 (Cancellation of Registration Subject to Application)
Article 35 (Restriction on Concurrent Businesses)
Article 36 (Prohibition against Use of Similar Names)
Article 37 (Matters to be Observed by Chain Stores)
Article 38 (Recruitment, etc. of Chain Stores)
CHAPTER Ⅴ SUPERVISION OF ELECTRONIC FINANCIAL BUSINESS
Article 39 (Supervision and Inspection)
Article 40 (Supervision and Inspection of Financial Institutions, etc. over Affiliations or Outside Orders)
Article 41 (Request for Submission of Materials, etc. by Bank of Korea)
Article 42 (Division of Accounting and Guidance for Sound Management)
Article 43 (Revocation, etc. of Permission and Registration)
Article 44 (Hearings)
Article 45 (Authorization of Merger, Dissolution, Business Closure, etc.)
Article 46 (Penalty Surcharge)
CHAPTER Ⅵ SUPPLEMENTARY PROVISIONS
Article 47 (Statistical Research on Electronic Financial Transactions)
Article 48 (Entrustment of Powers)
CHAPTER Ⅶ PENAL PROVISIONS
Article 49 (Penal Provisions)
Article 50 (Joint Penal Provisions)
Article 51 (Fine for Negligence)
ADDENDA
ADDENDA <Act No. 8387, Apr. 27, 2007>
ADDENDA <Act No. 8863, Feb. 29, 2008>
ADDENDUM <Act No. 9325, Dec. 31, 2008>
ADDENDA <Act No. 10303, May 17, 2010>
ADDENDUM <Act No. 11087, Nov. 14, 2011>
ADDENDA <Act No. 11407, Mar. 21, 2012>