Izi Asset Management – Court Ruling (Bulgaria, 2025)

Court Ruling
DPA ACS21 November 2025Bulgaria
final
Court Ruling

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.

Izi Asset Management refused to give a person a copy of their credit agreement, claiming the request was not valid. The court decided this refusal was wrong and said the company must provide the requested information. This case highlights the importance of companies properly handling requests for personal data.

What happened

Izi Asset Management denied a request for a copy of a consumer credit agreement made by a person's representative.

Who was affected

The person who requested their credit agreement through a representative was affected.

What the authority found

The court ruled that Izi Asset Management unlawfully refused the request, violating GDPR's requirement to provide information.

Why this matters

This ruling emphasizes that companies must comply with requests for personal data, even when made by representatives. It serves as a reminder for businesses to ensure their processes align with data protection laws.

GDPR Articles Cited

AI-verified

Art. 12(GDPR)
Art. 15(GDPR)
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Art. 12(GDPR)
Art. 15(GDPR)

Original data from scraper before AI verification against source document.

Decision AuthorityACS
Source verified 19 March 2026
authority corrected
Full Legal Summary
Detailed

A data subject initiated proceedings in front of the Administrative Court of Sofia - City against Izi Asset Management (the controller) due to the refusal of the controller to provide them with a copy of a consumer credit agreement in accordance with Article 15 GDPR. The data subject’s representative, an attorney, contacted the controller via email to request the copies. The controller based its refusal on an alleged lack of explicit power of attorney on the part of the data subject’s representative. The court found that the controller’s refusal was unlawful. It noted that the request was valid under Article 15 GDPR, since the representative already indicated the power of attorney with an express right to file a complaint on the data subject’s behalf. The court noted that there were no grounds to require the submission of additional evidence by the representative of the data subject. Furthermore, it emphasised the obligations of the controller to provide information to the data subject under Article 12 GDPR. Therefore, the court revoked the controller’s decision to terminate the proceedings with the data subject regarding the provisions of the requested copies, and referred the case back to the controller for a decision on the merits of the request.

Outcome

Court Ruling

A ruling by a national court on a data-protection matter.

Related Cases (0)

No other cases found for Izi Asset Management in BG

This is the only recorded case for this entity in this jurisdiction.

Details

Ruling Date

21 November 2025

Authority

DPA ACS

About this data

Data: GDPRhub (noyb.eu)
Licensed under CC BY-NC-SA 4.0
AI-verified and classified

Cite as: Cookie Fines. Izi Asset Management - Bulgaria (2025). Retrieved from cookiefines.eu

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