Compliance Gets Complex

McKendrick, Joseph
September 2001
Bank Technology News;Sep2001, Vol. 14 Issue 9
Trade Publication
Analyzes the implications of the Gramm-Leach-Bliley Act on the banking industry in the United States. Enactment of the consumer privacy legislation in 2001; Requirement on banks to give customers the opportunity to opt out of cross-marketing efforts; Safeguarding of customer data; Reshaping of bank' approach to customer relationship management; Added responsibility of bank compliance officers.


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