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Key Principles for Effective Regulation and Supervision of Credit Reporting Service Providers

The paper published by the International Committee on Credit Reporting describes the twelve principles that authorities responsible for the regulation of CRSPs should consider and the suggested approach they should adopt in applying the principles. The paper emphasizes the importance of maintaining holistic oversight of how the credit reporting system functions to ensure that the players in credit reporting activities are able to manage the risks related to credit information sharing.

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