Consumer Financial Protection Bureau Issues Supervision Manual 1.0

We represent a number of financial service providers, so it is important to understand the laws that govern them. However, it is also important to understand how their regulators view the law as well. The Consumer Financial Protection Bureau just released its supervision manual which is a very useful tool to help guide the creation and delivery of financial services online:

Federal government regulators usually have manuals for their examiners. Our manual provides our examiners with direction on how to determine if providers of consumer financial services are complying with consumer protection laws - and how to determine if the providers have adequate policies and procedures in place to comply with those laws.

The manual is located here.

Read More...

ISSA Social Media Summit

Dino and I will be presenting at the ISSA Social Media Summit  that will be held on October 19, 2011 from 11am to 4pm at the J. Liu restaurant in Worthington following the regular ISSA chapter meeting.  Dino will be part of a lunch panel wh Brent Huston from MicroSolved, Inc., Kevin Shea from JP Morgan Chase, Ray Vazquez from Infinitive, and Brian Mannion from Nationwide.  Dino and I will join Justin Root from Porter Wright on the Social Media and Legal Risk panel presentation following this lunch panel.  Brian Mannion and Kevin Shea will follow with an in-house perspective on Social Media after our presentation.  Brent Huston from MicroSolved will close with the security issues affecting Social Media.  You may find out more information and register for the summit here.

Read More...

Effective Privacy and Security Compliance Requires an Understanding of Data Flows within the Company

We were recently interviewed by Nymity regarding understanding an organization's data flows.  We focused on data flow mapping and how companies can build and use these maps for effective privacy and security compliance.  We also discussed recent privacy enforcement actions in relation to data flows and the importance of understanding local laws and regulations.  You may read the interview titled "Effective Privacy and Security Compliance Requires an Understanding of Data Flows within the Company" here.

Read More...