It is good practice to register and check your records routinely to make sure it is updated AND correct. People could have stolen your IC or bank account numbers and used them illegally without your knowledge. Such transactions will appear on CTOS (eventhough it is not your fault) and it is your responsibility to contact CTOS to clear them. Better to find out now than when you are desperately in need of bank loans.

Hi

is CTOS affected by the Malaysia's Personal Data Protection Act 2010 (PDPA) ?

Can we prevent CTOS from showing or providing our data without our consent when the act is fully enforced ...

anyone can shed some light ...

here is an article i saw:

New enforcement date of the Personal Data Protection Act 2010 announced

Baker & McKenzie
Kherk Ying (Kherk) Chew and Hong Sze Chen
Malaysia
July 15 2013


Announcements have been made by YB Dato' Sri Ahmad Shabery bin Cheek, Minister of Communications and Multimedia, that the Personal Data Protection Act 2010 ("PDPA") which was passed by the Malaysian Parliament in 2010, will come into force on 16 August 2013. It is reported that Tuan Haji Abu Hassan Ismail will likely to be appointed as the Personal Data Protection Commissioner. Nonetheless, to date, the official Gazette formalizing the date of coming into force has not been published.

Once the PDPA comes into force, data users will have a three-month transitional period to comply with its provisions in respect of existing personal data being processed, but will have to immediately comply with its provisions in respect of new personal data collected.

There are seven data protection principles that form the basis of protection under the PDPA:

General Principle
Notice and Choice Principle
Disclosure Principle
Security Principle
Retention Principle
Data Integrity Principle
Access Principle

The principles will provide protection to the individual’s personal data, thereby safeguarding the interests of consumers, and e-commerce, network and non-network facility practitioners.

The penalties for breaching the PDPA include the imposition of fines of up to RM500,000 and/or a term of imprisonment not exceeding two years. Directors, CEOs, COOS, managers or other similar officers have joint and several liability for non-compliance by the body corporate, subject to the due diligence defence. The Commissioner is not empowered to order compensation for damage suffered, and there is no express right to pursue a civil claim for non-compliance.

While the scope, rights and obligations prescribed by the PDPA will become more clearly defined and also evolve through the regulations, guidelines, codes of practice and court decisions, organisations must now begin to examine their current policies, processes, contractual right rights and obligations and third party notifications which relate to personal data.[FONT=Impact]


This post has been edited by MyNameIs_______: Aug 21 2013, 12:24 PM

It seem become easier to get our CTOS report now. The app quite useful

I believe PDPA Act dictates a person needs to give consent for the release of information. Therefore they can restrict information being disclosed.

However, that being said; if one is not willing to disclose, then would the other party eg banks wants to give the person the loan or would a potential business partner wants to partner the person on the basis if that person is not willing to give consent for disclosure... is there something that person is hiding?

So probably one might need to ponder on that.

Hi All,
Need some guideline here. I previously was under bankrupcy by a bank due to cc and sumon by another 2 bank due to cc too. I had settle all the outstanding with the banks as well as full paid with Insolvency dept. I am discharged from bankrup since Jan'13.

I have 0 records in CCRIS but In my CTOS records, all the previous sumon record also has been remark as "SETTLED" or DISCHARGED".
My income is 5k a month with no others debts from any banks, i wanna to buy a car and loan 85K, i had try to submit HP applications to few banks since Feb, but all rejected due to CTOS history.

Seems none of the bank wanna to provde the loan, Can anyone advise how I can get the HP loan with my current status? Thanks

Hi Bryan,

You can please try ur luck again in Jan 2014. But not now... At least a year (from date of full settlement). FYI, you might need a guarantor for that as well since you were declared as bankruptcy before. Don apply any more as all the banks will know how many times you have submitted your application since Jan 2013.

Can be installed on Android phones?

hi,

can anyone tell me which bank can apply loan with your name under ctos list. btw im just a guarantor for friend who is not responsible for her act, end up with listed in ctos list.

really need to apply personal loan asap, aside from loan shark lah.. thanks!

CTOS apps can be install at android photo, user can easy use smartphone to request CTOS self check report, but youo need to sign up a self check id with CTOS 1st.

Thanks ccvv, i think this should is the only way by wait till early next year, bank officer did told me that, some bank need 6 months, some need 12 months cooling period after we had provided settlement/discharged letter to CTOS and they will put remark as "SETTLED/DISCHARGED" at special remark column in CTOS report.
hopefully bank will consider my application at that time. I really need to buy a house 1st.

banks sure can approve. just the officer who processed your application doesnt know how to write the proposal properly

Hi, I hv a question
I had a company b4 and was closed for almost 2 years
There is a supplier, Before I close the company, their salesman come to ask for payment, I request him to provide me the invoices that I don't receive, then he never come back.
Now, after my company was closed, bank account closed, my partner is no longer in Malaysia, then only this supplier want me to pay the balance & says want to log report into ctos
I did tell the salesman, I don't mind to pay according to my % of share in my company, he says will tell his boss, but after that no reply & never come back to me again
Can this supplier do so?
What is the procedure ?
Pls advice
TQVM

If you are asking me if your supplier can make CTOS to blacklist you, highly unlikely. Unless they have taken legal proceedings and obtained court summons against you. Then, yes the summons will appear on your CTOS records. If it is not a SDN BHD and you are a director, it doesn't matter what is your stake in the company. You will most likely be named in the summons.

With that being said, you should pay up if you legitimately owed the money.

No receipt No invoice No chop.
how to proceed, that person just trying to scare you only.

So, I was apply housing loan recently and get rejected due to my name was is in CCRIS and its CCRIS 3. This is because of what i've been told by the banker about the late payment of my credit card. Is there anyhow I can get rid my name on the CCRIS ? Maybe full settlement for the credit card or start being good boy and pay on time..? Thanks for advice

maybe more advise can be seek from this thread
https://forum.lowyat.net/topic/741069

Thanks a lot but I needed more info about this.

Don't know what exactly was the problem with your CCRIS, but my I guess is that the 3 signifies that in the past 12 months, you have been late in paying your credit card for 3 months.

You cannot get rid of that figure. What you need to do is to pay your credit card promptly until your whole 12 months records in CCRIS are all 0 months overdue, and that means you would have to wait from 1 month to a year, depending on when that figure 3 appeared, before applying for your housing loan again.

It couldn't be no payment for sure but late payment will be. Is there anything I can do to clear the name fast..?

No way it could be removed fast. You just have to wait. Meanwhile, you must pay promptly. Go to Bank Negara and print out the CCRIS report on your own.