UK GDPR and Data Protection Act 2018: Primary legislation governing the collection, processing, and sharing of personal data in the UK. Essential for credit investigations as they involve handling sensitive personal and financial information.
Consumer Credit Act 1974: Core legislation regulating consumer credit activities in the UK, including amendments and the Consumer Credit (EU Exit) Regulations 2018. Sets out requirements for credit agreements and investigations.
Financial Services and Markets Act 2000: Key legislation governing financial services and markets in the UK, including the Financial Services Act 2021 updates. Relevant for financial institutions conducting credit investigations.
Privacy and Electronic Communications Regulations (PECR): Specific regulations concerning privacy and electronic communications, particularly relevant for how credit investigation data is communicated and shared electronically.
Credit Reference Agency Requirements: FCA regulations and Credit Reference Agency Information Notice (CRAIN) requirements governing how credit reference agencies operate and handle information.
Consumer Rights Act 2015: Legislation ensuring fair treatment of consumers in various contexts, including credit investigations and financial services.
Money Laundering Regulations 2017: Regulations covering money laundering, terrorist financing, and transfer of funds, relevant for identity verification aspects of credit investigations.
