What’s the Purpose Behind Consumer Privacy (Regulation P)?

Regulation P (aka the Privacy rules) has been around for a little over 20 years. While there have been a few regulatory changes that have thrust it back into the limelight over the years, the purpose remains the same. Providing the privacy notice has become more automated in that it typically prints out with your account-opening disclosures. That is one reason these rules can and do get overlooked.

Kevin explains more in the video.

 

Ready to learn more? JOIN US for our webinar, “Privacy.” Featured topics include:

  • Purpose of the Privacy Rules and What is Actually Covered
  • Non-Public Personal Information
  • Customer or Consumer? What’s the Difference?
  • The Do’s and Don’ts of Sharing Consumer Information with Third Parties
  • The Privacy Disclosures and When They Should Be Provided
  • Properly Completing the Privacy Notice
  • The Opportunity to Opt-Out of Sharing

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Published
2022/06/10
Kevin Edwards

Kevin Edwards

Kevin brings years of experience and a unique perspective on regulatory matters to our clients. A self-proclaimed geek and accredited CRCM, Kevin is also a recovering attorney with experience as in-house counsel for a large regional bank and one of the leading national title insurance providers. For reasons unknown, Kevin decided to leave the safety and serenity of his desk job to seek fortune and glory as a wandering adventurer. Like a bank compliance version of Kwai Chang Caine, The Man with No Name or Don Quixote, he now travels the land seeking to help those in need and righting compliance wrongs, wherever he may find them. Kevin lives in Sioux Falls with his two children, who are surprisingly normal after having endured their father’s vivid imagination for their entire lives. He won’t admit to having any hobbies, because apparently “Regulations never sleep.” (While he does say this in his Batman voice, we’re pretty sure he’s joking.) From the looks of his Facebook page, he likes the outdoors and spending time with his large extended family (who seem like relatively normal people).

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