Regulatory Alerts2014-02-14
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 via Credit Reference Agencies. This policy mandates that institutions implement robust internal controls and ensure compliance with legal requirements when handling sensitive consumer credit information. It aims to safeguard consumer privacy while facilitating the efficient flow of credit data to support responsible lending practices.
CIR
Current
Issue Date:
14 Feb 2014
20140214-1-EN.pdf (72.5 KB)
Topic:
Banking Conduct & Enforcement - Credit Data Sharing
Internal Controls - Others
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
SPM-SGL
Archive
14 Feb 2014
IC-6 The Sharing and Use of Consumer Credit Data through a Credit Reference Agency
SPM-SGL
Archive
14 Feb 2014
IC-6 The Sharing and Use of Consumer Credit Data through a Credit Reference Agency
Cross referenced Document
Version History
Superseded Document
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