Housing Finance Corporation

€10,000

Insufficient legal basis for data processing

Beslissingsdatum

10 maart 2025

Autoriteit

Cypriot Data Protection Commissioner

CY

Sector

Finance, Insurance and Consulting

Land

CY

Wet

GDPR

Status

FINAL

Beschrijving

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.

Juridische citaten

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

Problemen en overtredingen

Insufficient legal basis for data processing

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