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Content type: Advocacy
Privacy International welcomes this opportunity to submit comments to the FATF consultation. The draft recommendation is an improvement on existing guidance that we have reviewed.
We also welcome the calls of the FATF for accommodations that will relieve burdens upon individuals who are being excluded from the financial sector, as a result of the FATF’s prior recommendations.
PI believes that identity systems must empower people. The initial question surrounding the development of any…
Content type: Advocacy
Privacy International provided comments to the UK Financial Conduct Authority on the Terms of Reference to its Credit Information Market Study.
We highlighted that:
Credit data (whether ‘traditional’ credit data; data from Open Banking sources, or other sources of data like social media) are hugely revealing of people’s lives far beyond the state of their financial affairs.
The affects upon consumer behaviour of this use of data in the credit sector extends beyond the choices they…