Consumer Financial Protection Bureau Releases 2025 Privacy Act Issuances
The Consumer Financial Protection Bureau (CFPB) has announced the publication of its Privacy Act Issuances for 2025. This comprehensive document, made available on govinfo.gov on September 3, 2025, at 17:31, outlines the Bureau’s policies and procedures regarding the collection, maintenance, use, and dissemination of records that are subject to the Privacy Act of 1974.
The Privacy Act of 1974 is a landmark piece of legislation designed to protect the privacy of individuals by establishing certain safeguards for records maintained by federal agencies. It grants individuals the right to access and request amendments to their own records and restricts the disclosure of such records to others without their consent, with specific exceptions.
The CFPB’s Privacy Act Issuances are a critical component of its commitment to transparency and accountability in its operations. These issuances detail how the Bureau handles personal information collected in connection with its various functions, which include regulating financial products and services, enforcing federal consumer financial laws, and educating consumers.
Key aspects typically covered within such issuances include:
- System of Records Notices (SORNs): These notices describe the specific categories of records the Bureau maintains on individuals, the purposes for which these records are collected and used, and the routine uses for which they may be disclosed. Examples might include records related to consumer complaints, enforcement investigations, or personnel management.
- Procedures for Accessing and Amending Records: The document will provide clear instructions for individuals on how to request access to their personal records held by the CFPB and how to request amendments or corrections to inaccurate or incomplete information.
- Disclosure Policies: The issuances will detail the circumstances under which the CFPB may disclose an individual’s records to third parties. This typically includes disclosures required by law, disclosures to law enforcement agencies under certain conditions, and disclosures to individuals who have been authorized to access the records.
- Security Measures: The document will likely outline the measures the Bureau employs to protect the security and integrity of the personal records it maintains, ensuring that they are safeguarded against unauthorized access, use, or disclosure.
- Exemptions: In accordance with the Privacy Act, agencies may exempt certain systems of records from some of its provisions, particularly when disclosure could interfere with law enforcement proceedings. The CFPB’s issuances will specify any such exemptions and the reasons for their application.
The publication of the 2025 Privacy Act Issuances signifies the CFPB’s ongoing dedication to adhering to the principles of the Privacy Act and ensuring that individuals’ personal information is handled with the utmost care and respect. Consumers and other stakeholders are encouraged to review these issuances on govinfo.gov to gain a comprehensive understanding of the Bureau’s privacy policies. This proactive approach to transparency helps foster trust and demonstrates the CFPB’s commitment to protecting the rights and privacy of the individuals it serves.
CFPB – Privacy Act Issuance for the Consumer Financial Protection Bureau, 2025
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