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HL Chronicle of Data Protection Privacy & Information Security News & Trends

Tag Archives: credit data sharing

Posted in International/EU Privacy

Hong Kong Considers Sharing of Consumer Mortgage Data with Credit Providers

The Hong Kong financial services industry (as represented by the Consumer Credit Forum) with support from Hong Kong’s financial regulator, the Hong Kong Monetary Authority, has recently issued proposals to widen the scope of the current credit data sharing scheme in Hong Kong, in order to allow additional mortgage data of consumers to be shared among credit providers. This blog entry describes the proposals.