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Consumer Financial Protection Bureau (“CFPB”)

CFPB Changes Annual Notice Requirement Under Reg. P

August 14, 2018 By Privacy, Cyber & Data Strategy Team

On Friday, the Consumer Financial Protection Bureau announced its “finalized amendments” to Regulation P, an implementing regulation of the federal financial Gramm Leach Bliley Act. Regulation P governs the provision of privacy notices for covered financial institutions. In response to legislation passed by Congress in late 2015, the final rule issued Friday permits financial institutions […]

Filed Under: Financial Privacy, Privacy, Regulation Tagged With: Consumer Financial Protection Bureau (“CFPB”), Regulation P

Bank Regulators Issue Advanced Notice of Proposed Rulemaking on Cyber Risk Governance and Management Regulations

October 31, 2016 By Privacy, Cyber & Data Strategy Team

More regulators (apart from the FTC) are now taking note of cybersecurity issues in the financial services industry and are taking steps to protect the industry and its consumers. Earlier this year, the Consumer Financial Protection Bureau (“CFPB”) issued its first enforcement action on data security against an online payment system.   In June, the Federal […]

Filed Under: Cyber Risk, Cybersecurity, Financial Privacy Tagged With: Consumer Financial Protection Bureau (“CFPB”)

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