Course: Proposed Rule on Profits and Related Basis Adjustments based on this document from the Federal Register: https://www.govinfo.gov/content/pkg/FR-2024-12-02/pdf/2024-27227.pdf This document contains proposed regulations regarding previously taxed earnings and...
CFPB Final Rule on Personal Financial Data Access
This comprehensive course provides an in-depth overview of the CFPB’s final rule on consumer data access rights. Discover the obligations for banks, credit unions, and financial service providers to ensure secure data access for consumers and third parties. Learn the implications for privacy protections and industry standards, and prepare your organization for compliance.
In this course you will learn the following:
* Understand the background and purpose of the final rule.
* Identify covered data providers, products, and services.
* Recognize consumer rights regarding data access.
* Detail data provider responsibilities for making data available.
* Outline requirements for authorized third parties accessing consumer data.
* Understand data security and privacy requirements.
* Identify compliance dates and phased implementation.
* Recognize the consequences of non-compliance.
* Understand the impact on various stakeholders.
* Understand the defined amendment to 12 CFR Part 1001.
Additional information
| Federal Register Title | Required Rulemaking on Personal Financial Data Rights. Document Number: 2024-25079 |
|---|---|
| Course SKU | FR-24-1051-1 |
| Why This Course Is Important | Without this course, you might miss critical updates on data access rights and compliance deadlines, potentially exposing your organization to legal penalties and reputational harm. |