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When is the new CFPB privacy rule effective? – IBA Compliance Connection

IBA Compliance Connection

Your go to source for compliance!

When is the new CFPB privacy rule effective?

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The CFPB rule allowing for an alternative delivery method for providing annual privacy notices became effective on October 28, 2014.   

For resources related to our guidance, please see below:

  • 79 Federal Register 64057, 64060 (October 28, 2014) (CFPB final rule amending the annual privacy notice requirement under the Gramm-Leach-Bliley Act, Regulation P, effective upon the publication date)