December & Company Asset Management Obtains Full License for MyData

CodeF Receives Preliminary Permit for MyData Business

[Asia Economy Reporter Kwangho Lee] The Financial Services Commission held its 18th regular meeting on the 13th and conducted a review for the authorization of Personal Credit Information Management Business (MyData).

The FSC decided to grant full authorization to December & Company Asset Management, which applied for the full license, judging that it met the requirements under the Credit Information Act.

Additionally, the FSC granted a preliminary license for the MyData business to CodeF.

The FSC will continue to promptly conduct sequential review procedures for companies applying for the MyData business and will keep accepting new authorization applications every month.