Housing Finance Corporation

€10,000

Insufficient legal basis for data processing

Data deciziei

10 martie 2025

Autoritatea

Cypriot Data Protection Commissioner

CY

Sector

Finance, Insurance and Consulting

Țara

CY

Legea

GDPR

Statut

FINAL

Descriere

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.

Citări juridice

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

Probleme și încălcări

Insufficient legal basis for data processing

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