No. 35687
Promulgation Date 2025-07-29
Financial Services Commission
ALL
Article 1 (Purpose)
Article 1-2 (Equity capital)
Article 2 (Registration of establishment of unions and National Federation)
Article 3 (Registration of establishment of branch offices)
Article 4 (Registration of relocation or change)
Article 5 (Registration of merger or split-off)
Article 6 (Registration of dissolution or completion of liquidation)
Article 7 (Change and registration of trade name)
Article 7-2 (Registration on appointment of agent)
Article 8 (Counting period of registration)
Article 9 (Applicants for registration)
Article 10 (Application for authorization for establishment)
Article 11 (Detailed requirements for authorizations)
Article 12 (Sphere of common bond)
Article 13 (Persons eligible for membership)
Article 14 (Scope of unions required to appoint president as standing member)
Article 14-2 (Appointment procedures of standing president)
Article 14-3 (Requirements for appointment of standing director)
Article 14-4 (Establishment and operation of union election committee)
Article 14-5 (Scope of local unions entrusted with management of board member elections)
Article 15 (Scope of finance-related statutes)
Article 15-2 (Administrative data matching)
Article 16 (Scope of business)
Article 16-2 (Use of services by non-union members)
Article 16-3 (Limit on borrowing)
Article 16-4 (Limit on loans for the same person)
Article 17 (Reserve for repayments)
Article 17-2 (Management of surplus funds)
Article 18 (Extent of real estate for business purposes)
Article 18-2 (Protective measures for customer service employees)
Article 18-3 (Request for interest rate reduction)
Article 18-4 (Unions subject to external audit)
Article 18-5 (Replacement of external auditors)
Article 19 (Liquidators)
Article 19-2 (Qualifications of professional directors)
Article 19-3 (Internal control standards)
Article 19-4 (Duties of compliance officers)
Article 19-5 (Borrowings)
Article 19-6 (Size of Loans Granted by National Federation)
Article 19-7 (Management of Fund)
Article 19-8 (Limit of guarantee for members)
Article 19-9 (Organization and operation of Committee)
Article 19-10 (Operation of Committee)
Article 19-11 (Contributions)
Article 19-12 (Management and operation of fund)
Article 19-13 (Purpose of fund)
Article 19-14 (Withholding payment of deposits)
Article 19-15 (Classification of public institutions)
Article 19-16 (Reduction of or exemption from contributions)
Article 20 (Allotted charges)
Article 20-2 (Standards for management soundness)
Article 21 (Reporting on unions subject to revocation of authorization for establishment)
Article 21-2 (Requirements for business administration)
Article 21-3 (Methods of business administration)
Article 21-4 (Time period for business administration)
Article 21-5 (Suspension of payment for obligations)
Article 21-6 (Extent of related persons)
Article 22 (Criteria for recommendation of mergers)
Article 23 Deleted.
Article 24 (Entrustment of authority)
Article 24-2 (Management of sensitive information and personally identifiable information)
Article 24-3 (Re-examination of regulation)
Article 25 (Criteria for imposition of administrative fines)
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ADDENDUM <Presidential Decree No. 34550, Jun. 4, 2024>
ADDENDUM <Presidential Decree No. 35089, Dec. 24, 2024>
ADDENDUM <Presidential Decree No. 35228, Jan. 21, 2025>
ADDENDA <Presidential Decree No. 35279, Feb. 18, 2025>
ADDENDA <Presidential Decree No. 35687, Jul. 29, 2025>