As if the financial sector did not already have to deal with enough compliance regulations, now comes a patchwork of privacy regulations across all 50 U.S. states and, of course, the rest of the globe if you are a multi-national company.
The much-anticipated California Consumer Privacy Act (CCPA) is now in force as of July 1 of 2020, and a couple of dozen other states are entertaining their own privacy regulations, each with their own bent.
This whitepaper provides:
An overview of the most salient and impactful CCPA requirements
A summary of recent clarifying amendments
A comparison of CCPA requirements against the European Union’s GDPR
A brief CCPA comparison with other state pending legislation and Federal oversight
Best practices for the financial sector to stay abreast of this ever-dynamic area of law