Wolters Kluwer Financial Services | Banking Compliance Solutions

New Model Privacy Language Update

On November 17, 2009, eight regulatory agencies jointly released a new model privacy form for compliance with the privacy requirements of the Gramm-Leach-Bliley and Fair Credit Reporting Acts.

Effective in late December 2009, this notice is in a chart format and looks more like the nutritional labels you see on food products, as opposed to the text-oriented brochures that are given out now.

The idea was to create a cleaner, simpler explanation for customers of how an institution handles its personal information and how consumers can exercise their rights to opt-out of sharing some of their information. It will also make it easier for consumers to compare the privacy policies of different institutions.

Please join us to:

  • Learn about the new forms and requirements, and how they are different (and similar to) current forms
  • Develop the new disclosure to reflect your privacy policies
  • Find out who is covered and when this must be done
  • Hear when and how must this be given to customers

We can help you develop and implement these new privacy requirements so they’re right for your financial organization.

Register below for our 90-minute New Model Privacy Language Update webinar. Cost is $269. Test your system before purchase.

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