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BS ISO/IEC 27562 Privacy guidelines for fintech services

Scope

This document provides guidelines on privacy for fintech services.

It identifies all relevant business models and roles in consumer-to-business relation as well as in business-to-business relation, privacy risks, and privacy requirements, which are related to fintech services. It provides privacy controls specific to fintech services to address the privacy risks, taking in consideration the legal context of the respective business role. The principles are based on the ones described in ISO/IEC 29100, ISO/IEC 27701, and ISO/IEC 29184, and privacy impact assessment framework described in ISO/IEC 29134, and risk management guideline described in ISO 31000. It also provides guidelines focusing on a set of privacy requirements for each stakeholder.

This document can be applicable to all kinds of organizations such as regulators, Institutions, service providers and product providers in the fintech service environment.

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