<p>The FSC decided to grant MyData business licenses to five additional financial institutions at its 16th regular meeting held on September 8.</p> <p> </p> <p>Five additional entities were granted final approvals to operate MyData businesses while three more businesses were given preliminary approvals.</p> <p> </p> <p>Industrial Bank of Korea, DGB Daegu Bank, Korea Investment & Securities, Kiwoom Securities and LG CNS were given final approvals while Shinhan Investment, NH Investment & Securities and KB Securities were given preliminary approvals.</p> <p> </p> <p>The FSC will continue to accept applications for MyData businesses and issue licenses on a rolling basis.</p> <p> </p> <p>* Please refer to the attached PDF for details.</p>