2024-12-19

Added · Updated

Engaging more than one Credit Reference Agency under Credit Data Smart

The regulator issued this circular to guide authorized institutions on engaging multiple Credit Reference Agencies under the Credit Data Smart framework. The document addresses consumer protection requirements within the banking sector regarding the sharing and use of consumer credit data. It aligns with related guidelines on credit data sharing and alternative data usage to ensure robust consumer safeguards.

Hong Kong Monetary Authority logo

Hong Kong

Hong Kong Monetary Authority

Click to view full text