The Privacy Commissioner is currently reviewing the Credit Reporting Privacy Code. The principal focus of the review is the operation of the two amendments made to the Code made five years ago to allow positive credit reporting to be introduced into New Zealand.
The review provides an opportunity to explore whether the changes to the code made in 2010 and 2011 have worked well in operation. The Commissioner is interested to test whether those changes have brought benefits to managing credit risk and suitably protected the privacy and personal information of New Zealanders.
The review will also look more widely at other issues. Full details of the issues being explored and the review process can be found in the discussion paper released in September.
The review also asks whether further changes to credit reporting are warranted, particularly whether additional classes of information should be added such as current balance details or tax debt information.
Submissions should be submitted by 16 December 2016.
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