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Category Archives: Regulatory Framework
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
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
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
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
Commercial Credit Reporting – BIIA White Paper
White Paper Commercial Credit Reporting Standards The BIIA Regulatory Committee compiled the attached White Paper for the benefit of regulators. The White Paper outlines the basic elements of commercial credit reporting and how it differes from consumer credit reporting. Compiled … Continue reading
COMMERCIAL CREDIT REPORTING – LEGAL FRAMEWORKS
Commercial Credit Reporting Regulatory Summary SUMMARY OF BIIA SURVEY OF REGULATORY FRAMEWORKS IN KEY COUNTRIES INDUSTRY STANDARDS ARE WELL ESTABLISHED AND SUBJECT TO SELF REGULATION AND MARKET DEMANDS BIIA conducted a survey on regulatory frameworks for commercial credit information in … Continue reading
