12 CFR 1016.3 - Definitions
| Cite as | 12 CFR 1016.3 |
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22 practice notes
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Arbitration Agreements
...\534\ Personally identifiable financial information is defined in 12 CFR 1016.3(q)(1). --------------------------------------------------------------------------- The Bureau seeks comment on its approach of requiring these redactions and on the burden to providers of this redaction requirem......
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Amendment to the Privacy of Consumer Financial Information Rule Under the Gramm-Leach-Bliley Act
...6803 (In its initial and annual privacy notices ``a financial institution shall provide a clear and conspicuous disclosure . . . .''); 12 CFR 1016.3(b)(1) and 16 CFR 313.3(b)(1) (both defining ``clear and conspicuous'' as ``reasonably understandable and designed to call attention to the nat......
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OCC Guidelines Establishing Heightened Standards for Certain Large Insured National Banks, Insured Federal Savings Associations, and Insured Federal Branches; Integration of Regulations
...12 CFR 40.3, the OCC's former privacy rule, with the appropriate cite to the Consumer Financial Protection Bureau's (CFPB) privacy rule, 12 CFR 1016.3, in the definitions of ``customer'' and ``customer information'' in Appendix B to part 30. The Dodd-Frank Act transferred to the CFPB Federa......
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Rebello v. Lender Processing Servs., Inc., No. 101764.
...has authority.” Id. at (I)(A). “Customer information” includes “any record containing nonpublic personal information, as defined in 12 C.F.R. 1016.3(p), about a customer, whether in paper, electronic, or other form, that is maintained by or on behalf of the national bank.” Id. at (I)(C)(2)(......
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6 cases
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Rebello v. Lender Processing Servs., Inc., No. 101764.
...has authority.” Id. at (I)(A). “Customer information” includes “any record containing nonpublic personal information, as defined in 12 C.F.R. 1016.3(p), about a customer, whether in paper, electronic, or other form, that is maintained by or on behalf of the national bank.” Id. at (I)(C)(2)(......
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Fee v. Ill. Inst. of Tech., 21-cv-02512
...in relevant part provides that “an institution that is significantly engaged in financial activities is a financial institution.” 12 C.F.R. § 1016.3(1)(3)(i). Reading the relevant statutory and regulatory language together, there is little doubt that an institution of higher education like ......
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Ferguson v. Jefferson Cnty. Sheriff's Office, No. 18-1461
...argues that the Sheriff's Office and Securus Technologies are financial institutions. Aplt. Br. at 2-4. He cites 15 U.S.C. § 6805, 12 C.F.R. § 1016.3, and 31 C.F.R. § 14.1. Id. at 2. This argument appears to concern his claims under 12 U.S.C. § 3417 and 15 U.S.C. §§ 6801 et seq. But, as the......
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Powell v. DePaul Univ., 21 C 3001
...described in § 1016.3(1)(3) of this part, shall be deemed to be in compliance with this part if it is in compliance with FERPA.” 12 C.F.R. § 1016.3(1)(3)(i). Section 1016.3(1)(3) provides that “financial institution means any institution the business of which is engaging in financial activi......
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9 firm's commentaries
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Are Banks and Other Lenders Subject to the CCPA?
...or (iii) You otherwise obtain about a consumer in connection with providing a financial product or service to that consumer. 12 C.F.R. § 1016.3(q)(1). Examples include information on a loan application, account balance information, and information from an internet “cookie.” Id. § Accordingl......
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California Consumer Privacy Act: A Reference Guide for Compliance
...Act: A Reference Guide for Compliance | www.carltonfields.com | 18 Are Banks and Other Lenders Subject to the CCPA? (continued) 12 C.F.R. § 1016.3(q)(1). Examples include information on a loan application, account balance information, and information from an internet “cookie.” Id. § 1016.3(......
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Exempt or Not Exempt? California Consumer Privacy Act and the Gramm-Leach-Bliley Act
...that results from a consumer transaction, or is otherwise obtained in connection with providing a financial product or service. GLBA 12 C.F.R. §1016.3(q)(1). Isn’t all of the data collected by a financial services business “otherwise obtained” under That depends on the type of information t......
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The California Consumer Privacy Act: What Financial Services Providers Need to Know
...budget to prepare for compliance; Opt-out rights are more extensive than what is required under the Gramm–Leach–Bliley Privacy Rule, 12 C.F.R Part 1016 (the GLBA Rule), and other financial privacy laws. And for at least 12 months, financial services providers cannot solicit consumers that o......
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