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#1050807 - 09/25/08 09:07 PM GLBA - Disclose information with parent bank
csun Offline
New Poster
Joined: Dec 2005
Posts: 14
New York, NY
Can an affiliate bank disclose customer information to its overseas parent bank knowing that the customer information will be submitted to an authority in a different jurisdiction for investigation?

I am pretty sure information can be shared with affiliates within the same entity. However, how parent bank discloses customer information is my concern. I understand the parent bank is obligated to cooperate with its regulators as well.

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#1050836 - 09/25/08 09:24 PM Re: GLBA - Disclose information with parent bank csun
edAudit Offline
Power Poster
edAudit
Joined: Jul 2008
Posts: 4,796
You are here
Be very carfuly on what is disclosed as information such as SAR's can not leave the country
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