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FSS, FSC Being Investigated

PERSONAL PRIVACY—SOUTH KOREA

December 12, 2013

The Korea Times reports the National Human Rights Commission (NHRC) will investigate the Financial Services Commission and the Financial Supervisory Service over allegations the regulators “infringed on the rights of policyholders by allowing insurers to accumulate a wide range of information about them and their health.” An NHRC spokesman said the commission has accepted a petition from a civic group, noting, “Our team is currently conducting an initial probe into the possible rights violation cases. The probe will continue for several weeks.” Based on that investigation, the NHRC will determine whether to refer the case to law enforcement, the report states.
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