Shroff Releases Credit Agencies’ Reports
CONSUMER PRIVACY—NEW ZEALAND .November 29, 2012
The New Zealand Herald reports Privacy Commissioner Marie Shroff has made public reports submitted by three credit reporting agencies. They were submitted in accordance with the new Credit Reporting Privacy Code, requiring companies that collect credit and personal information and sell it to third parties to submit reports within three months of the end of the financial year, the report states. Shroff released the reports in an effort to hold credit reporting agencies responsible and says the reports did not indicate any compliance problems. “Each credit reporter shows how the vast amounts of credit information they accumulate on New Zealanders is accurate, secure, lawfully obtained and matched correctly,” Shroff said.