Almennri innheimtu ehf – €24,000 Fine (Iceland, 2023)
General GDPR enforcement action
This case relates to broader data protection obligations, not specifically to cookie or consent banner compliance. It is not included in cookie statistics or the Risk Calculator.
Almennri innheimtu ehf. received a EUR 24,000 fine for incorrectly submitting loan default information. They registered small unpaid loans that didn't qualify under the law. This case serves as a reminder for businesses to verify compliance with data protection regulations.
What happened
Almennri innheimtu ehf. submitted loan defaults for registration without meeting the necessary legal conditions.
Who was affected
People whose small loan defaults were incorrectly submitted by Almennri innheimtu ehf.
What the authority found
The authority found that Almennri innheimtu ehf. did not follow data protection rules when submitting loan default information.
Why this matters
This case highlights the need for companies to ensure they are compliant with data protection laws when handling sensitive financial data. Other businesses should take note to avoid similar penalties.
GDPR Articles Cited
The Icelandic DPA has imposed a fine of EUR 24,000 on Almennri innheimtu ehf. 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 (0)
No other enforcement actions found for Almennri innheimtu ehf in IS
This is the only recorded action for this entity in this jurisdiction.
Details
Fine Date
27 June 2023
Authority
Persónuvernd
Fine Amount
€24,000
Enforcement Tracker ID
ETid-1946
About this data
Cite as: Cookie Fines. Almennri innheimtu ehf - Iceland (2023). Retrieved from cookiefines.eu
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