Fintech
2026.07.23
Advisory on Terms of Use and Privacy Policy for a Financial and Investment Education Platform
Service area
Cha & Kwon Law Offices advised a mobile platform operator providing financial and investment education services by conducting a legal review of its Terms of Use and Privacy Policy.
The service was operated as a mobile platform offering educational content and interactive user features. The main issues reviewed included cross-border transfers of personal information, outsourced processing, protection of child users, and consistency between the Terms of Use and the Privacy Policy.
Cha & Kwon Law Offices reviewed the Terms of Use with a focus on whether any provisions could be deemed unfair under the Act on the Regulation of Terms and Conditions, as well as provisions concerning service changes, restrictions on use, termination, limitation of liability, intellectual property rights, governing law, and jurisdiction. With respect to the Privacy Policy, we assessed compliance with the requirements under the Personal Information Protection Act, including the scope of personal information processed, retention periods, outsourced processing, cross-border transfers, and protection of users’ rights. We also reviewed the consistency of terminology and cross-references between the two documents.
As a result, Cha & Kwon Law Offices provided comments and recommendations for revisions and improvements to the Terms of Use and Privacy Policy, and proposed measures to enhance the client’s personal information processing practices and documentation framework in consideration of global service operations.
Cha & Kwon Law Offices provides legal advisory services for online platforms by comprehensively assessing whether terms of use, privacy policies, and other user-facing documents comply with applicable laws, while also reviewing consistency across related documents.