On July 20, 2018 the Privacy Commissioner launched a public consultation on amendments to the Credit Reporting Privacy Code 2004. The code applies to credit reporters, which are agencies that carry out the business of reporting to other agencies, for payment and information relevant to the assessment of the creditworthiness of individuals, as defined in Part 5.1 of the code.
The consultation paper refers to amendments numbered 13 and 14. Amendment no. 13 corrects an error and amendment no. 14 intends to put into force the recommendations addressed by previous reports with regard to assessing the current practices on comprehensive credit reporting. The main proposals in amendment no. 14 are: