[Background]

1. As Virtual Asset Service Providers (VASPs) engage in the business of buying, selling, and brokering virtual asset transactions, the information related to these transactions constitutes personal credit information. Therefore, the amendment aims to include VASPs as credit information providers and users.

2. Following the establishment of the 'Saemaul Undong Community Credit Cooperatives Asset Management Company' through the amendment of the Saemaul Undong Community Credit Cooperatives Act, this company is to be added as an institution for credit information centralization and utilization to ensure the Korea Credit Information Services (KCIS) can efficiently centralize and share information regarding non-performing loans held by the cooperatives.

[Main Points]

With the inclusion of Virtual Asset Service Providers (VASPs) and the Saemaul Undong Community Credit Cooperatives Asset Management Company as credit information providers and users, these institutions incur the obligation to comply with the regulatory provisions under the Credit Information Act, including: compliance requirements for information consignment (Article 17), the duty to establish security measures (Article 19), clarification of management responsibility (Article 20), information retention period (Article 20-2), guarantee of the data subject's rights (Articles 37, 38-3), and reporting requirements for credit information leakage (Article 39-4).