Rules Governing the Business of Electronic Stored Value Card Issuers Article 2-2

Issuers shall transmit the information related to the business of electronic stored value cards to the JCIC.Said transmission, scope of inquired information, filing and looking up method, fee standard, process management, disclosure period, information security control, and inspection procedures shall be prescribed by the JCIC and approved by the competent authority.That the JCIC collects, processes, or uses the information transmitted by the issuers pursuant to Paragraph 1, is deemed as the necessary fulfilling obligation as described in Subparagraph 2, Paragraph 2, Article 8 of the Personal Information Protection Act (hereinafter referred to as the “PIPA”), and exempt from the notice subject to Article 9, Paragraph 1 of the PIPA.No information transmitted and disclosed by the issuers pursuant to Paragraph 1 shall contain any false or untrue statements to ensure the accuracy of information.