President of ANBC Participates in Panel on Regulatory Challenges and Responsible Data Use in Credit Access
The Association of Consumer Credit Information Suppliers (ACCIS) will host the National Association of Credit Bureaus (ANBC) from Brazil at its annual conference in Amsterdam from May 21st to 23rd.
Elias Sfeir, ANBC’s President, is one of the panel participants “Credit Information in a Regulatory Maze”, which will address challenges arising from advancing data protection legislation, the balance between privacy and information access, and the strategic role of credit bureaus in fostering a more efficient, transparent, and secure market.
“Exchanging best practices with European entities is an opportunity for learning and contribution. Brazil has made significant progress in using responsible data to expand credit access. Our legislative model, which allows societal participation in parliamentary fronts as tools to improve the legislative process and public policies, is distinctive and inspiring. Bringing this experience of credit democratization to the international debate is part of our role as a reference in the sector”, Sfeir affirms.
The executive’s presence underscores ANBC’s active participation in the global agenda on credit and data. Sfeir is also involved in international forums such as the World Bank’s Credit Committee and represents Brazil in entities such as ACCIS, the Latin American Association of Credit Bureaus (ALACRED), and the Business Information Industry Association (BIIA) for Asia-Pacific and the Middle East. Latin American Association of Credit Bureaus (ALACRED) e a Associação da Indústria de Informação Empresarial (BIIA), para a Ásia-Pacífico e Oriente Médio.
ANBC advocates for sustainable credit through an ecosystem based on qualified information, technological innovation, and regulatory responsibility, aiming to expand financial inclusion. “It is crucial for Brazil to be present in these discussions to exchange knowledge, showcase Brazil’s best practices globally, and bring back valuable international examples, especially at a time when new regulations and technologies are reshaping the global credit landscape”, Sfeir concludes.
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