ANZ Dashboard Digest

Commissioner To Hold Public Hearings on Credit History Plan


July 1, 2011

Privacy Commissioner Marie Shroff's office received 60 submissions during the public comment period on her proposed changes to the Credit Reporting Privacy Code. Changes to the credit reporting law would include ongoing reporting of repayment history, giving credit reporters additional tools to assess credit worthiness and allowing victims of identity theft to exercise a "credit freeze." Civil liberties proponents have called the plan "risky" for the amount of personal information it will collect. Public hearings will be held beginning 13 July in Auckland and 19 July in Wellington.
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