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#2140924 - 08/04/17 09:03 PM Revised Privacy Notice
Gertie Offline
Member
Joined: Jan 2016
Posts: 83
Currently our Privacy Notice states we may share non public personal information with an affiliate, and has an opt out provision. We will be merging with our affiliate bank fairly soon, and we will no longer be sharing private information. Are we required to provide a revised Privacy Notice, although we will not be sharing, or can we wait until the annual notice? I did not see anything in Reg P addressing a revision to the policy for not sharing. If we are required to provide a revised notice, is there a timing requirement for delivery?
https://www.ecfr.gov/cgi-bin/text-idx?SI...18&rgn=div8

Thanks

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Operations Compliance
#2140953 - 08/05/17 02:07 PM Re: Revised Privacy Notice Gertie
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,393
Galveston, TX
Sharing information with affiliates is governed under the FCRA and not Reg. P.
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The opinions expressed here should not be construed to be those of my employer: PPDocs.com

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