Fino

Icelandic data protection authority ('Persónuvernd') · 27 June 2023

eCommerce 2020 ApS

Insufficient legal basis for data processing

Fine€51,000Fine issued
Regulator
Icelandic data protection authority ('Persónuvernd')
Decided
27 June 2023
Country
Iceland
Sector
Finance, Insurance and Consulting
Regulator’s reference
Not recorded
Fino case number
2023/IS/008
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What happened

The Icelandic DPA held that a company offering so-called "small loans" (eCommerce 2020) breached Article 5(1)(a) GDPR by sending information on non-payments to be registered at a credit scoring company where its loan terms did not include a provision on such data sharing. The company was fined ISK 7,500,000 (approx. € 51,000).

Summary from the GDPRhub page for this decision, written by its volunteers, not by Fino. CC BY-NC-SA 4.0.

Rules involved

  • Unlawful processing

Sources

The facts on this page come from the sources above, as they recorded them. Nothing has been estimated or filled in. Not legal advice.

Spotted a mistake? Write to angelillolorenzo@gmail.com and quote 2023/IS/008.