Doo Lee

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CFPB Announces Proposed Rules to Accelerate Open Banking

On October 19, 2023, the Consumer Financial Protection Bureau (CFPB) announced its long-awaited proposed rule regulating “Personal Financial Data Rights” (the proposed rule). The proposed rule implements Section 1033 of the...more

10/25/2023  /  Banking Sector , Consumer Financial Products , Consumer Financial Protection Bureau (CFPB) , Data Privacy , Data Protection , Financial Institutions , Financial Services Industry , Personal Data , Proposed Rules
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