- Enforcing jurisdiction
- Hungary · Geography does not establish applicable law.
- Confirmed applicable legislation
- Privacy topics
Financial Enterprise – €2,850 Fine (Hungary, 2019)
Privacy enforcement record
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A financial enterprise was fined for transferring a client's data after the client objected to the processing. This situation raises concerns about how companies handle personal data when clients withdraw consent. It's crucial for businesses to understand their legal obligations regarding data transfers.
What happened
The financial enterprise transferred a client's data to a third party after the client objected to the processing.
Who was affected
A client whose personal data was transferred without their consent after they objected.
What the authority found
The Hungarian authority ruled that the financial enterprise did not have a valid legal basis for transferring the client's data after the objection.
Why this matters
This ruling underlines the importance of respecting clients' rights to object to data processing. Companies should review their data handling practices to ensure compliance with privacy laws.
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Review needed — 15 March 2026.
Processing notes: articles corrected, national law identified, amount discrepancy.
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A client of a financial enterprise complained that the financial enterprise transferred his data after he objected against the processing and did not provide information on the processing of his data at his request. According to the financial enterprise, it sold its claim stemming from the contract concluded with its client to a third party, therefore such transaction necessitated the transfer of the relevant client data. NAIH highlighted that the financial enterprise sold the concerning claim and transferred the respective data after the non-fulfilment of the concerning contract by the client; this also means that the financial enterprise cannot rely on the performance of the contract concluded with the client. The relevant legal basis would have been the legitimate interest of the controller, where a balancing test is also necessary, describing its interest in transferring the claim and the relevant data to a third party.
Related Enforcement Actions (0)
No other enforcement actions found for Financial Enterprise in HU
This is the only recorded action for this entity in this jurisdiction.
Details
Fine Date
26 June 2019
Authority
Nemzeti Adatvédelmi és Információszabadság Hatóság
Fine Amount
€2,850
About this data
Cite as: Cookie Fines. Financial Enterprise - Hungary (2019). Retrieved from cookiefines.eu
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