United States:
IFAI Issues Guidelines To Process Personal Data In Extrajudicial Collection Activities
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On December 17, 2014, the Mexican Federal Institute of Access to
Public Information and Data Protection ("IFAI") issued guidelines (source document in Spanish) to
financial institutions on the processing of personal data when
carrying out extrajudicial debt collection activities. According to
the IFAI, nearly 200,000 formal complaints regarding improper
collection practices prompted the issuance of these guidelines.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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