Cypriot Data Protection Commissioner · 10 March 2025
Housing Finance Corporation
Insufficient legal basis for data processing
Fine€10,000Fine issued
- Regulator
- Cypriot Data Protection Commissioner
- Decided
- 10 March 2025
- Country
- Cyprus
- Sector
- Finance, Insurance and Consulting
- Regulator’s reference
- Not recorded
- Fino case number
- 2025/CY/001
What happened
The DPA fined a bank €10,000 for storing inaccurate data of the data subject beyond the statutory retention period. As well as for failing to implement meaningful and effective measures to ensure compliance with the GDPR.
Summary from the GDPRhub page for this decision, written by its volunteers, not by Fino. CC BY-NC-SA 4.0.
Rules involved
- Accountability
- 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 2025/CY/001.