Korea PIPA Compliance for Foreign Companies: Penalties, Data Transfers and Breach Response

Korea PIPA compliance for foreign companies

Korean rules, translated into decisions Korea PIPA Compliance for Foreign Companies: Penalties, Data Transfers and Breach Response A company does not need to be incorporated in South Korea before Korean privacy law becomes relevant. The Personal Information Protection Commission’s guidance says the Personal Information Protection Act, usually called PIPA, may apply when an overseas business … Read more

Korea Digital Identity Verification for Fintech Apps

Korea digital identity verification

Korean Fintech Compliance Blueprint Korea Digital Identity Verification for Fintech Apps A Korean customer can enter the correct name, receive an SMS code, photograph an identity card, and pass a selfie check while your onboarding system still fails to prove the particular facts required for the financial relationship. The danger is not always missing a … Read more