Regulatory Alerts2007-10-02
Added · Updated
Supervisory Policy Manual Module IC-6: The Sharing and Use of Consumer Credit Data through a Credit Reference Agency
The Hong Kong Monetary Authority issued Supervisory Policy Manual Module IC-6 to establish guidelines for authorized institutions regarding the sharing and use of consumer credit data. The document outlines the regulatory framework and operational requirements for utilizing credit reference agencies to manage consumer credit information. It ensures that data handling practices comply with established standards for privacy, security, and accuracy within the banking sector.
Topics
privacy
credit
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