MIE System Changes

MIE, a registered Credit Bureau, is required to comply with the regulations as set out in the NCAA by latest 1st October 2015.

Marelize Uys

12 August 2015

MIE, a registered Credit Bureau, is required to comply with the regulations as set out in the NCAA by latest 1st October 2015.
Please take note of the below system enhancements:
• Various changes have been made to the MIE Consent Form. The revised version is available for download on www.mie.co.za.
 Note that the revised MIE Consent Form MUST be in use by no later than 1 October 2015.  MIE will not accept any other versions to process any request after this date.
• Credit Consumer Enquiries:
 MIE will provide only two reason codes for selection:
 For employment in a position of trust and honesty and entails the handling of cash or finances.
 Fraud prevention or detection.
 Current Electronic Consent will be amended to read:
 The National Credit Act imposes civil and criminal penalties, including fines and imprisonment against anyone who knowingly and willfully obtains consumer credit information on a consumer from a Credit Bureau under false pretenses and for a purpose not prescribed in the Act.
 I hereby certify that the consumer credit request made to MIE is for a candidate who is being considered for employment as per the amended NCAA 19 of 2014 and that I am in possession of a valid job description which stipulates the requirement of “trust and honesty in the handling of cash or finances”.
 The written permission of the consumer to request consumer credit information is in my possession and will be delivered to MIE on demand.
 I understand that this request for consumer credit information is subject to an audit, to ensure compliance to the NCAA 19 of 2014.
• Reporting of educational qualifications and employment detail:
 A reason code for the release of educational and employment information is now required and you will be prompted to select the below option with every qualification request:
 Verification of Employment and Qualifications
 Electronic Consent will be obligatory and reads:
 The written permission of the consumer to request educational qualifications and employment detail is in my possession and will be delivered to MIE on demand.
Date effective: 1 October 2015

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