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Credit Verification Release Form
"I need a Credit Verification Release Form for our Hong Kong bank branch that includes authorization for credit checks in both Hong Kong and mainland China, with specific provisions for sharing information with our partner financial institutions during the period January 2025 to December 2025."
1. Applicant Information: Personal details of the individual granting authorization, including full legal name, HKID/passport number, and current address
2. Authorization Statement: Clear statement of consent authorizing credit verification and specific parties who may conduct such verification
3. Scope of Authorization: Detailed description of what information may be collected, verified, and shared
4. Purpose Declaration: Statement of the specific purpose(s) for which the credit verification is being conducted
5. Duration of Authorization: Period for which the authorization remains valid
6. Data Protection Statement: Statement regarding how the collected information will be protected and handled in accordance with privacy laws
7. Rights Declaration: Statement of the applicant's rights regarding their personal data under Hong Kong law
8. Signature Block: Space for date and signature of the applicant, with declarations of understanding
1. Employment Verification: Additional authorization for employment and income verification, used when employment history is relevant to credit assessment
2. Third Party Authorization: Authorization for specific third parties to access credit information, included when multiple parties need access to the verification results
3. Additional Jurisdictions: Authorization for credit verification in specific foreign jurisdictions, used when international credit checks are needed
4. Specific Purpose Limitation: Detailed restrictions on use of information, included when authorization needs to be limited to specific purposes
5. Consent for Marketing: Optional consent for use of information for marketing purposes, included when organization wishes to use data for marketing
1. Schedule A - Authorized Institutions: List of specific financial institutions, credit bureaus, and other entities authorized to provide or receive credit information
2. Schedule B - Information Types: Detailed list of specific types of credit and personal information authorized for verification
3. Schedule C - Authorized Purposes: Comprehensive list of specific purposes for which the credit verification is authorized
4. Appendix 1 - Privacy Policy: Detailed privacy policy and data handling procedures of the organization requesting the authorization
5. Appendix 2 - Data Subject Rights: Detailed explanation of the individual's rights under Hong Kong's Personal Data (Privacy) Ordinance
Authors
Credit Data
Credit Report
Credit Reference Agency
Consumer Credit Data
Data Subject
Personal Data
Privacy Commissioner
Verification Purpose
Authorization Period
Consent
Credit Bureau
Credit History
Credit Information
Data Protection Principles
Financial Institution
HKMA
Permitted Purpose
Relevant Credit Provider
Third Party Institution
Credit Assessment
Material Information
Verification Process
Data Transfer
Confidential Information
Data Protection
Consent
Privacy
Information Access
Duration
Confidentiality
Purpose Limitation
Rights and Obligations
Data Subject Rights
Third Party Disclosure
Information Sharing
Verification Scope
Regulatory Compliance
Revocation
Liability
Governing Law
Data Storage
Data Transfer
Data Security
Banking
Financial Services
Real Estate
Insurance
Telecommunications
Employment Services
Retail Banking
Commercial Banking
Asset Management
Consumer Finance
Property Management
Human Resources Services
Legal
Compliance
Risk Management
Credit Operations
Customer Service
Data Protection
Operations
Human Resources
Client Relations
Documentation
Regulatory Affairs
Credit Officer
Risk Manager
Compliance Officer
Legal Counsel
Privacy Officer
Financial Services Manager
Loan Officer
Credit Analyst
HR Manager
Banking Operations Manager
Customer Service Manager
Data Protection Officer
Underwriter
Account Manager
Property Manager
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