Publication: Reinventing Credit Data Sharing Regulation
| dc.contributor.author | Anidjar, Leon | |
| dc.contributor.author | Mizrahi-Borohovitch, Inbar | |
| dc.contributor.ror | https://ror.org/02jjdwm75 | |
| dc.date.accessioned | 2025-04-09T11:54:17Z | |
| dc.date.available | 2025-04-09T11:54:17Z | |
| dc.date.issued | 2020-04-16 | |
| dc.description.abstract | This Article is devoted to exploring the benefits and risks involved in the credit information sharing system by proposing a novel regulatory methodology. Specifically, we introduce a personalized scheme designed to regulate sharing, scoring, and use of personal data. This contextual framework is grounded on three fundamental principles: the identity of the credit consumer, including his personal and socio-economic background; the purpose for which the consumer asks for credit provided by the lender; and the complexity of a given credit transaction. Furthermore, to ensure a fair balance between protecting privacy rights of consumers and enabling efficient and competitive practices of personal credit data sharing in the global markets, we suggest that ex-ante rule-making and ex-post enforcement mechanisms should be designed according to their relative effectiveness. Consequently, in a case where ex-ante strategies fail in providing adequate protection for privacy rights, a more comprehensive ex-post approach should be carried out to achieve proper protection for individual rights; and where it is observed that ex-post policies provide an optimal deterrence against privacy violations, a more lenient approach regarding ex-ante rule-making should be adopted. Our proposal contributes to creating an optimal equilibrium synergy of regulatory networks responsible for regulating the credit data sharing systems. | |
| dc.description.peerreviewed | yes | |
| dc.description.status | Published | |
| dc.format | application/pdf | |
| dc.identifier.citation | Anidjar, Leon Yehuda and Mizrahi, Inbar, Reinventing Credit Data Sharing Regulation (July 8, 2020). Southern California Interdisciplinary Law Journal, Vol. 29, No. 2, 2020. | |
| dc.identifier.issn | 1077-0704 | |
| dc.identifier.uri | https://hdl.handle.net/20.500.14417/3743 | |
| dc.issue.number | 3 | |
| dc.journal.title | Southern California Interdisciplinary Law Journal | |
| dc.language.iso | en | |
| dc.page.total | 49 | |
| dc.publisher | Elsevier | |
| dc.relation.department | Private & Business Law | |
| dc.relation.entity | IE University | |
| dc.relation.school | IE Law School | |
| dc.rights | Attribution-NonCommercial-NoDerivatives 4.0 International | |
| dc.rights.accessRights | info:eu-repo/semantics/openAccess | |
| dc.rights.uri | https://creativecommons.org/licenses/by-nc-nd/4.0/deed.en | |
| dc.subject.keyword | Optimal equilibrium synergy of regulatory networks | |
| dc.subject.keyword | Contextual methodology | |
| dc.subject.keyword | Credit data sharing information | |
| dc.subject.keyword | Personalized law | |
| dc.title | Reinventing Credit Data Sharing Regulation | |
| dc.type | info:eu-repo/semantics/article | |
| dc.version.type | info:eu-repo/semantics/publishedVersion | |
| dc.volume.number | 29 | |
| dspace.entity.type | Publication | |
| relation.isAuthorOfPublication | 7cd34195-695c-439e-b19e-e8da23d0736e | |
| relation.isAuthorOfPublication.latestForDiscovery | 7cd34195-695c-439e-b19e-e8da23d0736e |