Submission - Credit Reporting Regulatory Framework: Submission to ALRC Privacy Inquiry (December 2007)

4.5. International Regulation and Commentary

Agencia Española de Protección de Datos, Instruction 1/1995, of 1 March, of the Data Protection Agency, regarding the rendering of information services on creditworthiness and credit, 1 March 1995,

British Bankers’ Association, Building Societies Association, and Association for Payment Clearing Services, Banking Code, March 2003, <>.

Barren J M and Staten M, The Value of Comprehensive Credit Reports: Lessons from the US Experience, March 2001, <>.

Bill Number H.R.3915: Mortgage Reform and Anti-Predatory Lending Act of 2007, (United States), <>., Credit agency reports security breach, 17 March 2004, <,10801,91319,00.html>.

Consumer Credit Act 2006 (UK), <>., Experian Abandons Thousands of Consumer Data Records, 15 June 2005, <>.

Credit Today, Data sharing mandated in revised banking code, 26 November 2007, <>.

Djankov S, McLeish C & Shleifer A, Private Credit in 129 Countries, World Bank, 2006, <>.

Fair Credit Reporting Act 15 USC 1681 (US), <>.

Hong Kong Office of the Privacy Commissioner for Personal Data, Code of Practice on Consumer Credit Data, 1998, <>., Credit Bureau Security Breached, 1 December 2006, <>.

MyFICO, About myFICO, Website, accessed on: 5 December 2007, <>.

New Zealand Privacy Commissioner, Credit Reporting Privacy Code, 2004 <>.

Office of the Comptroller of the Currency, OCC Guidelines Establishing Standards for Residential Mortgage Lending Practices, 2005, <>.

Organic Law 15/1999 of 13 December on the Protection of Personal Data (Spain), <>.

Payplan, Irresponsible Lending - Are creditors to blame for the increase in consumer debt?, Website, accessed on 10 December 2007, <>.

Reserve Bank of Australia, Financial Stability Review – March 2007 – Box A: Developments in the US Sub-prime Mortgage Market, March 2007, <>., Data theft affects 88 million-plus Americans, 21 June 2006, <,289142,sid14_gci1195270,00.html>. , Responsible lending spares homebuyers from U.S. fate, 1 December 2007, <>.

Truth in Lending Act (15 USC 1601) (US), <>.

United Kingdom Office of Fair Trading, Consumer credit licensing: General guidance for licensees and applicants – Draft guidance on fitness and requirements, Consultation document, July 2007, <>.

Young M, Report of the Independent Reviewer to the Sponsors of the Banking Codes’ Review 2007, May 2007, <>.