Housing Finance Corporation

€10,000

Insufficient legal basis for data processing

Otsuse kuupäev

10. märts 2025

Ametiasutus

Cypriot Data Protection Commissioner

CY

Sektor

Finance, Insurance and Consulting

Riik

CY

Seadus

GDPR

Staatus

FINAL

Kirjeldus

The Cypriot DPA has imposed a fine of EUR 10,000 on the Housing Finance Corporation. The controller stored client loan data for longer than necessary and did not ensure that the data was correct. This resulted in the controller incorrectly declining a client's loan application.

Õiguslikud viited

Art. 5 (1)Art. 24 (1)

Probleemid ja rikkumised

Insufficient legal basis for data processing

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