- Enforcing jurisdiction
- Iceland · Geography does not establish applicable law.
- Confirmed applicable legislation
- Privacy topics
eCommerce 2020 ApS – €51,000 Fine (Iceland, 2023)
Privacy enforcement record
This record is classified outside cookie consent. Subject classification does not confirm an applicable law. It is not included in cookie statistics or the Risk Calculator.
Iceland's data protection authority fined eCommerce 2020 ApS EUR 51,000 for improperly registering loan defaults. The company registered small loans that did not meet the required conditions. This case emphasizes the importance of following data protection rules when handling personal financial information.
What happened
eCommerce 2020 ApS was fined for registering loan defaults that did not meet legal requirements.
Who was affected
Individuals whose loan information was incorrectly registered by eCommerce 2020 ApS.
What the authority found
The Icelandic DPA found that the company failed to comply with data protection regulations regarding loan registration.
Why this matters
This fine serves as a reminder for companies to ensure they meet legal standards when processing personal data, particularly in financial matters. It highlights the potential consequences of non-compliance.
View original scraped data
Original imported citations before automated processing; the processing history does not establish independent verification.
Source checks
Linked-source text retrieved.
Review needed — 12 March 2026.
Processing notes: articles corrected, national law identified, amount discrepancy.
Retrieved text may be a secondary summary or an announcement. These automated statuses do not establish that the original decision was read or that the record received an independent legal review. How we check sources
The Icelandic DPA has imposed a fine of EUR 51,000 on eCommerce 2020 ApS. The controller had submitted information on loan defaults for registration even though the required registration conditions for this have not been in place. For instance, unpaid small loans were registered although they were below the required minimum amount. In assessing the fine, the fact that a large number of people were affected by the incident and that the controller was pursuing profits were considered aggravating factors.
Related Enforcement Actions (1)
Other enforcement actions involving eCommerce 2020 ApS in IS
Details
Fine Date
27 June 2023
Authority
Persónuvernd
Fine Amount
€51,000
About this data
Cite as: Cookie Fines. eCommerce 2020 ApS - Iceland (2023). Retrieved from cookiefines.eu
Last updated: