United States:
CFPB Finalizes Rules On Privacy Disclosures
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On October 20, the CFPB adopted the
rule, previously proposed in May, allowing financial institutions
that
limit sharing of consumer
data to post annual privacy
notices online instead of delivering such notices
individually, as prescribed by the Gramm-Leach-Bliley
Act. Release. Rule.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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