A personal data transfer demand system, legislated in advance and delayed for more than six months, has become contentious as its grace period ends. Concerns spread that transfers via scraping would be blocked, prompting debate led by fintech firms after the Supreme Court announced it would block unauthorised scraping of its servers from Aug. 20. The Personal Information Protection Commission says the system does not ban scraping outright but requires prior consultation and aims to move to API-based transfers.

South Korea\'s financial authorities discussed a plan to implement limits on scraping in phases after preparing alternatives such as public MyData, aiming to reduce inconvenience for financial consumers caused by blocking by administrative bodies and the Supreme Court. The Financial Services Commission held a financial sector inspection meeting on scraping restrictions and reviewed expected impacts and response measures. Participants backed the purpose of blocking while calling for sufficient alternatives and a preparation period, and also reviewed security and internal controls used in current scraping processes.