United States:
CFPB Amends Rules Concerning The Disclosure Of Records And Information
26 November 2020
Cadwalader, Wickersham & Taft LLP
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The CFPB adopted amendments
concerning the confidential treatment of information obtained or
generated during the course of agency work. The final rulemaking -
which revises CFPB rules in connection with the protection and
disclosure of confidential information, as well as definitions and
procedures - goes into effect on December 24, 2020.
The adopted amendments were proposed by the CFPB in 2016
(see prior
coverage). The portion of the 2016 proposal pertaining
to procedures used by the public to obtain information from the
CFPB under the Freedom of Information Act,
the Privacy Act of 1974, and in
legal proceedings, was adopted in a separate 2018 agency rulemaking.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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