Links in “Regulation P”
- Death of Mailed Privacy Disclosures?
The CFPB has finalized a new rule which allows companies that meet certain requirements to post privacy notices online instead of mailing them annually to consumers. The final rule, which will be effective when published in the Federal Register, will require credit unions to notify their members when the notice is available. [10/21/14]
- Spring Cleaning for Federal Reserve Board
The Federal Reserve Board on Thursday repealed its Regulation DD and Regulation P, shifting regulatory supervision of those areas to the CFPB. Â The Board also issued final amendments to the Identity Theft Red Flags rule in Regulation V (Fair Credit Reporting), which amendments, among other things, narrow the scope to exclude professionals such as doctors and lawyers from certain elements of the regulation. [5/23]
- Perfecting Privacy Protection
The Bureau of Consumer Financial Protection is proposing to amend Regulation P, which requires financial institutions to provide an annual disclosure of their privacy policies to customers. In response to growing concerns of overburdening both institutions and consumers, delivery alternatives have been proposed to ease the process of providing privacy protection. [5/13]
- FRB Seeks Transfer of DD and Privacy and Comments on Red Flags
FRB seeks comment on proposals to repeal its Regulation DD and Regulation P (transfer to CFPB) and make amendments to the identity theft red flags rule in Regulation V (Fair Credit Reporting). 60-day comment period provided. [2/13]
