Housing Finance Corporation
€10,000
Insufficient legal basis for data processing
Karar Tarihi
10 Mart 2025
Otorite
Cypriot Data Protection Commissioner
CY
Sektör
Finance, Insurance and Consulting
Ülke
CY
Hukuk
GDPRDurum
FINALAçıklama
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.
Yasal Atıflar
Art. 5 (1)Art. 24 (1)
Sorunlar & İhlaller
Insufficient legal basis for data processing