California Financial Information Privacy Act

CalFIPA
active

California's stricter counterpart to the federal Gramm-Leach-Bliley Act. Financial institutions need a consumer's explicit opt-in consent before sharing nonpublic personal information with nonaffiliated third parties, and must give consumers a chance to opt out of certain affiliate and joint-marketing sharing.

Jurisdiction

California

Jurisdiction Type

state

Country

United States

Effective Date

7/1/2004

Enforcing Authority

California Attorney General, Department of Financial Protection and Innovation, Department of Insurance

Fines Under This Regulation

0

Total Fine Amount (USD)

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