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On November 17, 2009, the federal banking agencies and the other federal agencies with jurisdiction over "financial institutions" (the "Agencies") issued amendments to the rules that implement the privacy provisions of the Gramm-Leach-Bliley Act (the "GLB Act"). These amended rules, which are effective on December 31, 2009, announce the adoption by the Agencies of a model privacy form that financial institutions may rely on as a safe harbor to provide disclosures under the GLB Act privacy rules.
The amended rules were issued pursuant to the Financial Services Regulatory Relief Act of 2006 that directed the Agencies to "jointly develop a model form which may be used, at the option of the financial institution, for the provision of disclosures under the GLB Act."
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This website may use cookies, pixel tags and other passive tracking technologies, including Google Analytics, to improve functionality and performance. For more information, see our Privacy Policy. By using our website, you are consenting to our use of these tracking technologies. You can alter the configuration of your browser to refuse to accept cookies, but if you do so, it is possible that some areas of web sites that use cookies will not function properly when you view them. To learn more about how to delete and manage cookies, refer to the support instructions for each browser (e.g., see AllAboutCookies.org). You may locate Google Analytics' currently available opt-outs for the web here.