The American Bankers Insurance Association yesterday expressed its support for the Consumer Financial Protection Bureau’s move to implement recent legislation providing banks an exemption from sending an annual privacy notice provided they meet certain requirements.
Browsing: Privacy notice
ABA and several other trade groups today welcomed the Consumer Financial Protection Bureau’s move to implement recent legislation providing banks an exemption from sending an annual privacy notice provided they meet certain requirements.
The Consumer Financial Protection Bureau today issued a proposed amendment to the Gramm-Leach-Bliley Act to conform its regulations on privacy notice requirements to last winter’s legislation that provides banks meeting certain requirements an exemption from sending an annual privacy notice.
I understand that a new law has impacted my bank’s annual notice requirements under the privacy law. Where can I find that information? On Dec. 4, President Obama signed the Fixing America’s Surface Transportation Act. Included in the legislation—now Public Law No: 114-94—is Title 75, which creates a new exception to the annual privacy notice
Can a bank text updates to the kids in its savings club?
In response to recent questions from member banks, ABA today issued a staff analysis providing clarity on new exception to the annual privacy notice requirement recently signed into law.
A group of senators and representatives today issued a reconciled version of a long-term highway funding bill that includes a modified but still substantial cut to the dividends paid on the Federal Reserve Bank stock that national banks and other Fed member banks are required to hold.
The House today voted 371-54 to approve a long-term highway funding bill. Just prior to passage, the House overwhelmingly approved measures that would remove controversial funding methods from the bill.
Democratic members of the Senate Banking Committee today released a much narrower regulatory relief bill offered as an alternative to the sweeping bill by committee Chairman Richard Shelby (R-Ala.). Shelby’s bill is set to be considered by the committee on Thursday.
Senate Banking Committee Chairman Richard Shelby (R-Ala.) today released a draft of a sweeping financial reform bill that would provide regulatory relief for banks of all sizes, tailor the regulatory structure for systemically important banks and begin restructuring within the Federal Reserve System and at Fannie Mae and Freddie Mac.