FEDERAL AGENCIES ISSUE FINAL MODEL PRIVACY NOTICE FORM

The Federal Deposit Insurance Corporation (FDIC) Board, the Board of Governors of the Federal Reserve System, the Commodity Futures Trading Commission, the Federal Trade Commission, the National Credit Union Administration, the Office of the Comptroller of the Currency, the Office of Thrift Supervision, and the U.S. Securities and Exchange Commission have issued their jointly developed Final Model Privacy Notice Form (model form). The model form is designed to enable financial institutions to succinctly, comprehensibly and in an easy-to-read font notify consumers of their information-sharing practices. Institutions that use the model form will obtain a “safe harbor” and satisfy disclosure requirements. To access the Final Model Privacy Notice Form, click here.