Category Archives: Regulatory Framework

THE EVOLVING DATA PROTECTION LANDSCAPE

Take action today to prepare for tomorrow…… The global, EU and UK data protection landscape is at a crossroads. And organizations across all sectors are waking up to the fact that change is inevitable.  Regulations tend to transcend border therefore … Continue reading

Posted in BIG DATA, Business Information, Regulatory Framework, Regulatory News, Users of Information | Tagged , | Leave a comment

India: Micro-finance Institutions (MFIs) Agree on Common Code of Conduct

Indian Micro-finance institutions under the auspices of Sa-Dhan (Association of Community Development), finance institutions and MFIN (Micro-finance Institutions Network) have released a code of conduct which would enable them to put up a joint front to promote and protect the … Continue reading

Posted in Consumer Credit Reporting, Credit Reporting, India, Information Services for Microfinance, Regulatory Framework, Regulatory News, Users of Information | Tagged | Leave a comment

European Union Renewed Clamp-down on Rating Agencies – BIIA Says Deregulate

Critics say bad regulation is not the answer, that is true, but it would be better to deregulate rating agencies European policy makers have produced a draft proposal which would bar a rating agency from issuing (paid-for) ratings on an … Continue reading

Posted in European Union, Rating Services, Regulatory Framework, Regulatory News, Users of Information | Tagged , | Leave a comment

European Data Protection: ACCIS Responds to Consultation of the EU Commission’s Comprehensive Approach to the Protection of Personal Data

The Association of Consumer Credit Information Suppliers (ACCIS) has responded to the Consultation on the Commissionʹs comprehensive approach on personal data protection in the European Union. The ACCIS response focuses on those questions that ACCIS believes are relevant to the industry.  The … Continue reading

Posted in ACCIS, Consumer Credit Reporting, European Union, Regulatory Framework, Regulatory News | Leave a comment

Veda Advantage Rebuts Positive Credit Reporting Regimen Criticism

Veda Advantage has hit back at criticism of the incoming “positive” credit reporting regimen, arguing that many of the charges laid against it by brokers are inaccurate and that it will succeed in protecting consumers. Speaking with Australian BrokerNews, Veda … Continue reading

Posted in Australia, Consumer Credit Information, Credit Reporting, Regulatory Framework, Veda | Tagged , , | Leave a comment

BIIA ISSUES WHITE PAPER ON COMMERCIAL CREDIT REPORTING STANDARDS

The White Paper accentuates the differences between commercial credit reporting and consumer credit reporting and why these services deserve different legal frameworks. Commercial credit reporting standards have been developed over decades in response to technological developments and market requirements to … Continue reading

Posted in BIIA News, Commercial Credit Reporting, Regulatory Framework, Regulatory News, Users of Information | Leave a comment