The Korea Communications Commission Receives Applications for the 3rd Location Information Business Registration

[Asia Economy Reporter Oh Su-yeon] The Korea Communications Commission announced on the 13th that it will accept applications for the 3rd registration of personal location information businesses from November 8 to 15, in accordance with the '2022 Personal Location Information Business Registration Review Plan' announced last May.

Corporations wishing to apply for location information business registration (or approval for mergers, etc.) can apply through the electronic civil service website. Business plans can be submitted by visiting the Internet User Policy Division of the Korea Communications Commission or by mail.

After receiving registration applications, the Commission will form an advisory committee of external experts to comprehensively review the soundness of financial structure, the adequacy of the scale of facilities related to location information business, and the appropriateness of administrative and technical measures for location information protection, in accordance with relevant laws and regulations.

An explanatory session on how to prepare registration application documents will be held non-face-to-face via 'On-Nara PC Video Conference' on the 25th for the convenience of corporations wishing to register.

However, applications for approval of transfer of location information business or mergers and splits of corporations as location information business operators can be submitted at any time without a separate application period.

This content was produced with the assistance of AI translation services.