Housing Finance Corporation
€10,000
Insufficient legal basis for data processing
Datum odločitve
10. marec 2025
Organ
Cypriot Data Protection Commissioner
CY
Sektor
Finance, Insurance and Consulting
Država
CY
Zakon
GDPRStatus
FINALOpis
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.
Pravne navedbe
Art. 5 (1)Art. 24 (1)
Vprašanja in kršitve
Insufficient legal basis for data processing