Credit Agency Passes Inspection, Needs Improvements
DATA PROTECTION—HONG KONGApril 15, 2011
Hong Kong's privacy commissioner of personal data recently conducted an inspection of TransUnion Limited, holder of nearly 4.3 million of Hong Kong's consumer credit records. According to the Hogan Lovells Chronicle of Data Protection, the inspection focused on TransUnion's data processing cycle, and though there were "comprehensive and detailed policies in place," there was "more room for improvement." With more than 20 recommendations, the inspection revealed a number of areas where the credit agency could improve its operations. The Chronicle also noted the report and its recommendations "provide useful guidance for businesses as regards compliance with the data protection requirements" under Section 36 of the Personal Data (Privacy) Ordinance.