Housing Finance Corporation
€10,000
Insufficient legal basis for data processing
Dato for beslutning
10. mars 2025
Myndighet
Cypriot Data Protection Commissioner
CY
Sektor
Finance, Insurance and Consulting
Land
CY
Lov og rett
GDPRStatus
FINALBeskrivelse
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.
Juridiske henvisninger
Art. 5 (1)Art. 24 (1)
Problemer og overtredelser
Insufficient legal basis for data processing