Legal Framework

The Credit Reporting Act 2013 (as amended) provides the statutory basis under which the Central Bank operates the Central Credit Register. It sets out provisions with respect to matters such as:

The scope of the Central Credit Register, to whom and to what it applies, and associated reporting thresholds;
The holding of information on the Central Credit Register, including personal and credit information that may be held on the Central Credit Register;
The information to be provided for inclusion on the Central Credit Register and the scope of personal and credit information that may be collected;
The accessing of information on the Central Credit Register, including the information to be furnished in response to an access application;
The retention, amendment and correction of information;
The levies and fees that may be charged to users of the Central Credit Register.

The Credit Reporting Act provides the statutory basis for the operation of the Central Credit Register. The processing of the personal data of data subjects is governed by the Data Protection Acts 1988 -2018 and the General Data Protection Regulation.

The legal framework that supports the Central Credit Register is: