GLBA

Summary

The Gramm–Leach–Bliley Act (GLBA) requires financial institutions —companies that offer consumers financial products or services like loans, financial or investment advice, or insurance— to explain their information-sharing practices to their customers and to safeguard sensitive data.

Definitions

Definition	Requirements
501_A. Privacy obligation policy	176. Restrict system objects 331. Guarantee legal compliance
502_A. Obligations with respect to disclosures of personal information – Notice requirements	189. Specify the purpose of data collection 310. Request user consent 314. Provide processing confirmation 315. Provide processed data information
502_B. Obligations with respect to disclosures of personal information – Opt out	312. Allow user consent revocation 317. Allow erasure requests

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