Regulatory Alerts2019-09-30
Regulation on the Credit Registry
The Board of the Central Bank of the Republic of Kosovo issued this Regulation to establish a centralized Credit Registry that systematically collects and distributes credit information among licensed financial institutions. It mandates credit providers to report accurate, timely data, obtain explicit borrower consent for processing personal information, and adhere to standardized reporting procedures. The framework grants data subjects the right to access, dispute, and correct their credit records while imposing administrative penalties on institutions for non-compliance or unauthorized disclosure.
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