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Government Legislation

  • [Living environment] Enforcement Decree Amendment of the Consumer Cooperative Act
    • Competent Ministry : Korea Fair Trade Commission
    • Advance Publication of Legislation :
    • Opinion Submission Deadline :

[Background]
Unlike health and medical social cooperatives ('medical social cooperatives'), health and medical consumer cooperatives ('medical consumer cooperatives') do not disclose their management information, making it difficult for consumers to understand the financial status of these cooperatives.

- From 2014 to 2024, the number of medical consumer cooperatives has decreased from 473 to 102, indicating poor financial conditions and leading to the closure of many cooperatives.


[Regulatory Content]

- The management disclosure requirements for medical consumer cooperatives will be specified, including basic information, the supervision items by the provincial governor, the actions taken, and business reports.
- It will be regulated that medical consumer cooperatives disclose this information on an integrated public website designated by the Fair Trade Commission.
Regulatory effect assessment
  • 소비자생활협동조합법 시행령(규제영향분석서)_20250513.hwp [download]
Legislative proposal (draft)
  • 소비자생활협동조합법 시행령 일부개정령안.hwpx [download]