Overview
Korea's comprehensive personal data portability framework spanning financial services, telecommunications, and public data. MyData operators aggregate data across multiple sectors with user consent.
Note: Over 50 licensed MyData operators. Strong focus on credit data and loan comparison.
Jurisdiction
Scope & Coverage
This regulation covers the following areas and services:
Key Requirements
Timeline
Official Resources
Related Regulations
Other Asia regulations you might be interested in:
FIDA
European Union
FIDA extends open banking principles beyond payment accounts to a wider range of financial products ...
Smart Data Schemes
United Kingdom
The UK's Smart Data initiative extends open banking principles to other sectors including pensions, ...
CDR
Australia
Australia's economy-wide data sharing framework started with Open Banking and is expanding to energy...
Need to integrate with Open Banking APIs?
Explore our directory of API aggregators and TPPs to accelerate your compliance.