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technologyfinance · 2021

Klarna Bank AB

IMY fined Klarna for insufficient transparency in privacy notices, including incomplete information about recipients, retention periods, and data subject rights under GDPR Articles 12, 13 and 14.

Fine Imposed€7.5M
Authority

Integritetsskyddsmyndigheten

Styleaggressive
Avg. investigation15 mo
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Regulation

Key Takeaways
  • Layered privacy notices must still fully explain recipients, retention, and rights.