The Government of the Republic of Korea

“ Where it is recognized as necessary for maintaining stability in the foreign exchange market and soundness of foreign exchange agencies, the Minister of Strategy and Finance may impose necessary restrictions on the raising and operation of foreign currency, such as determining the asset-liability ratio of foreign currency of foreign exchange agencies. ”

“ No person engaged in a business related to the permission, authorization, registration, report, notification, brokerage, relay, concentration, and interchange prescribed in this Act, shall use any information which he/she has obtained in connection with such business for purposes other than those prescribed in this Act, or divulge such information to other persons, except as otherwise prescribed in Article 4 of the Real Name Financial Transactions and Guarantee of Secrecy Act. ”

“ If the representative of a juristic person, or an agent, employee or other workers of a juristic person or individual commits a violation falling under any of Articles 27 through 29 in connection with the assets or business of the juristic person or individual, not only shall such violators be punished but the juristic person or individual shall also be punished by a fine prescribed in the relevant Article. ”

“ The Minister of Strategy and Finance may order a foreign exchange agency, other transaction parties or interested parties to whom this Act applies, to make a report or an application, to provide information, or to make a notification and presentation of relevant data by means of electronic documents, if it is deemed necessary for ensuring the effectiveness of this Act. ”

“ Measures provided for in paragraphs (1) and (2) may be taken for not more than six months unless there exist special grounds to the contrary, and if the grounds of such measures cease to exist, such measures shall be cancelled without delay. ”