Is a bank, in Botswana

Credit Information Act, 2021 (Act No. 17 of 2021), ss. 6, 20 to 23, 31, 35, 37, 54 and 56 · Read the law's page

• If you operate or hold yourself out as operating a credit bureau, hold a licence from the Bank of Botswana under the Credit Information Act, 2021.
• If you are a credit bureau, collect consumer information on a person only for a purpose directly related to an activity your licence authorises, and disclose it only in the cases the Act lists.
• If you are a credit bureau, protect consumer information from loss, misuse, unauthorised access, unauthorised disclosure, alteration, deletion or destruction, and keep it for at least 20 years from final loan repayment, a write-off, a declaration of bankruptcy or discharge from bankruptcy.
• If you are a credit bureau, give a person who asks a copy of the consumer information you hold on their own credit history as a credit report within seven days, let them challenge it in writing as inaccurate, incomplete or outdated, and do not report challenged information until the challenge is resolved.
• If you are a credit bureau, transfer consumer information to a third party in a foreign country only where the recipient is bound by a law, code or contract upholding international information protection principles and the person consents in writing.
• If you are a data provider, supply consumer information to a credit bureau in the prescribed form, and give the person written notice before you provide adverse information.