{"id":4119,"date":"2024-08-22T04:22:13","date_gmt":"2024-08-22T08:22:13","guid":{"rendered":"https:\/\/facebank.pr\/?page_id=4119"},"modified":"2024-09-11T10:41:20","modified_gmt":"2024-09-11T14:41:20","slug":"privacy-of-financial-consumer-information-policy-glba","status":"publish","type":"page","link":"https:\/\/facebank.pr\/en\/politicas\/privacy-of-financial-consumer-information-policy-glba\/","title":{"rendered":"Privacy of Financial Consumer Information Policy GLBA"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1310.4px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-1\"><p><span style=\"background-color: var(--awb-bg-color-hover); color: var(--h2_typography-color); font-family: var(--h2_typography-font-family); font-size: var(--h2_typography-font-size); font-style: var(--h2_typography-font-style,normal); font-weight: var(--h2_typography-font-weight); letter-spacing: var(--h2_typography-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--h2_typography-text-transform);\">Purpose<\/span><\/p>\n<div>\n<div>\n<div>\n<p style=\"text-align: justify; \">The purpose of this policy is to ensure compliance with Gramm-Leach-Bliley Act (GLBA) information-sharing practices set forth by 12 CFR Part 1016 \u2013 Privacy of Consumer Financial Information within FACEBANK. This part applies only to <a href=\"https:\/\/www.law.cornell.edu\/definitions\/index.php?width=840&amp;height=800&amp;iframe=true&amp;def_id=241e03fc8fe2cdb07af3ce5ed9d23440&amp;term_occur=999&amp;term_src=Title%3A12%3AChapter%3AX%3APart%3A1016%3A1016.1\" class=\"external\">nonpublic personal information<\/a> about individuals who obtain financial products or services primarily for personal, family, or household purposes and applies to FACEBANK as a <a href=\"https:\/\/www.law.cornell.edu\/definitions\/index.php?width=840&amp;height=800&amp;iframe=true&amp;def_id=9f9b4dcd3103aefdaa7ca76d46081e1f&amp;term_occur=999&amp;term_src=Title%3A12%3AChapter%3AX%3APart%3A1016%3A1016.1\" class=\"external\">financial<\/a> <a href=\"https:\/\/www.law.cornell.edu\/definitions\/index.php?width=840&amp;height=800&amp;iframe=true&amp;def_id=9f9b4dcd3103aefdaa7ca76d46081e1f&amp;term_occur=999&amp;term_src=Title%3A12%3AChapter%3AX%3APart%3A1016%3A1016.1\" class=\"external\">institutions<\/a> for which the Bureau of Consumer Financial Protection (Bureau) has rulemaking authority according to section 504(a)(1)(A) of the <a href=\"https:\/\/www.law.cornell.edu\/topn\/gramm-leach-bliley_act\" class=\"external\">Gramm-Leach-Bliley Act<\/a> (GLB Act). This part requires financial institutions to provide each consumer with a written privacy policy notice at the time the consumer relationship is established and annually thereafter. The privacy notice must explain the information-sharing practices. The notice must also identify the consumer\u2019s right to opt out of the information being shared with unaffiliated parties pursuant to the provisions of the Fair Credit Reporting Act. The unaffiliated parties receiving the Non-Public Personal Identifiable Information (NPPII) are held to the acceptance terms of the consumer under the original relationship agreement. Also, this act requires financial institutions to develop a written information security plan describing its processes and procedures for protecting clients\u2019 Non-Public PII.<\/p>\n<p style=\"text-align: justify; \">GLBA Non-Public PII guidelines applies to any non-public information, which is defined as information a customer may provide to facilitate a transaction or which is otherwise obtained by the institution. As a covered entity, FACEBANK must ensure compliance with this Policy &amp; Program in order to construct a thorough understanding of each department handling the nonpublic information, as well as develop and monitor the program to secure the information. If there are changes in how information is collected, stored, and used, the safeguards must be updated as well. The Federal government provides a set of standards for safeguarding customer information. Complying with this Part ensures the effective management of change while reducing risk. Changes include, but are not limited to: improvements, updates, and maintenances, among others. All changes must be evaluated, planned and monitored in order to minimize any adverse impact to FACEBANK\u2019s operations.<\/p>\n<h2>Scope<\/h2>\n<p style=\"text-align: justify; \">The objective of this policy is to establish the general guidelines to ensure that FACEBANK and their affiliates safeguard the confidentiality of personal identifiable information (PII) gathered from customer records in paper, electronic or other forms, in order to protect customers\u2019 privacy and securely protect their sensitive personal information against unauthorized access. This policy applies to all FACEBANK personnel that collect, access, maintain, distribute, process, protect, store, use, transmit, dispose of, or otherwise handle NPPII. This policy establishes the general guidelines for handling NPPII, in order to prevent and limit noncompliance with GLBA on FACEBANK daily operations.<\/p>\n<p style=\"text-align: justify; \">Non-Public PII include, but is not limited to, any information an individual gives you to get a financial product or service (for example, name, address, income, Social Security number, Passport\/VISA\/Government identification number or other information on an application), any information you get about an individual from a transaction involving your financial product(s) or service(s) (for example, the fact that an individual is your consumer or customer, account numbers, payment history, loan or deposit balances, and credit or debit card purchases), or any information you get about an individual in connection with providing a financial product or service (for example, information from court records or from a consumer report). PII does not include information that you have a reasonable basis to believe is lawfully made \u00abpublicly available.\u00bb In other words, information is not NPPII when you have taken steps to determine that the information is generally made lawfully available to the public, and that the individual can direct that it not be made public and has not done so. Publicly Available information include, but not limited to, federal, state, or local government records made available to the public, such as information that is in widely distributed through media like telephone books, newspapers, and websites that are available to the general public on an unrestricted basis, even if the site requires a password or fee for access.<\/p>\n<h2>Definitions<\/h2>\n<ul>\n<li style=\"text-align: justify; \"><b><em>Affiliate<\/em>:<\/b> In any company that controls, is controlled by, or is under common control with FACEBANK.<\/li>\n<\/ul>\n<ul>\n<li style=\"text-align: justify; \"><b><em>Consumer<\/em>:<\/b> Is an individual or that individual\u2019s legal representative, who obtains or has obtained a financial product or service from FACEBANK that is to be used primarily for personal, family, or household purposes.<\/li>\n<\/ul>\n<ul>\n<li style=\"text-align: justify; \"><b><em>Customer<\/em>:<\/b> Is a consumer who has a continuing relationship between a consumer and FACEBANK under which FACEBANK provides one or more financial products or services to the consumer that are to be used primarily for personal, family, or household purposes.<\/li>\n<\/ul>\n<ul>\n<li style=\"text-align: justify; \"><b><em>Financial service<\/em>: <\/b>Includes, among other things, FACEBANK\u2019s evaluation, assistance or brokerage of information that is collated in connection with a request or an application from a consumer for a financial product or service.<\/li>\n<\/ul>\n<ul>\n<li style=\"text-align: justify; \"><em><b>Nonaffiliated third party:<\/b> Is any person except FACEBANK\u2019s affiliate or a person employed jointly by FACEBANK and a company that is not the bank\u2019s affiliate.<\/em><\/li>\n<\/ul>\n<ul>\n<li style=\"text-align: justify; \"><b><em>Non-Public Personal Identification Information (NPPII)<\/em>:<\/b> Is any information that is not publicly available and that a consumer provided to FACEBANK to obtain a financial product or service from the institution and\/or results from a transaction between the consumer and FACEBANK that involves a financial product or service obtained otherwise about a consumer in connection with providing a financial product or service.<\/li>\n<\/ul>\n<ul>\n<li style=\"text-align: justify; \"><b><em>Opt Out<\/em>: <\/b>The right provided to customers and\/or consumers to discontinue the sharing of his\/her NPPII with a nonaffiliated third party.<\/li>\n<\/ul>\n<ul>\n<li style=\"text-align: justify; \"><b>Personally Identifiable Financial Information:<\/b> Any information (i) that a consumer provides to us to obtain a financial product or service from us; (ii) about a consumer resulting from any transaction involving a financial product or service between the consumer and us; or (iii) that we otherwise obtain about a consumer in connection with providing a financial product or service to that consumer. It does not include a list of names and addresses of customers of an entity that is not a financial institution and information that does not identify a consumer, such as aggregate information or blind data that does not contain personal identifiers such as account numbers, names, or addresses.<\/li>\n<\/ul>\n<ul>\n<li style=\"text-align: justify; \"><b>Nonpublic personal information:<\/b> Personally identifiable financial information and any list, description, or other grouping of consumers that is derived using any personally identifiable financial information that is not publicly available.<\/li>\n<\/ul>\n<ul>\n<li style=\"text-align: justify; \">\u201cCovered Data\u201d means (i) non-public personal financial information about a customer and (ii) any list, description, or other grouping of Customers (and publicly available information pertaining to them) that is derived using any non-public personal financial information. Examples of Covered Data include bank and credit card account numbers, income and credit histories, tax returns and social security numbers, and lists of public information such as names, addresses and telephone numbers derived in whole or in part from personally identifiable financial information. Covered Data includes such information in any form, including paper and electronic records.<\/li>\n<\/ul>\n<h2>Policy Financial Privacy <\/h2>\n<h5><b><span style=\"font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color);\">Safeguards <\/span><span style=\"font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\">Over Information<\/span><\/b><\/h5>\n<p><span style=\"text-align: justify; color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color);\">&#8211; FACEBANK protects customer information to achieve confidentiality, integrity, and availability. Confidentiality means that NPPII is not available or disclosed to unauthorized persons. Integrity means that NPPII is not altered\/destroyed in an unauthorized manner. Availability means that NPPII is accessible and usable on demand by an authorized person.<\/span><br \/><span style=\"text-align: justify; color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color);\">&#8211; FACEBANK attains administrative safeguards by implementing security measures that reduce risks\/vulnerabilities to a reasonable and appropriate level.<\/span><br \/><span style=\"text-align: justify; color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color);\">&#8211; FACEBANK achieves physical safeguards by limiting physical access to its facilities while ensuring that authorized access is allowed and follows the appropriate procedures established.<\/span><br \/><span style=\"text-align: justify; color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color);\">&#8211; FACEBANK achieves technical safeguards by implementing technical policies and procedures that allow only authorized users to access electronic NPPII. Electronic measures must be put in place to confirm that NPPII has not been improperly altered or destroyed.<\/span><br \/><span style=\"text-align: justify; color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color);\">&#8211; FACEBANK will achieve organizational safeguards by taking reasonable steps to cure any activity or practice that constitutes a material breach or violation. Violations include the failure to implement safeguards that reasonably and appropriately protect NPPII.<\/span><br \/><span style=\"text-align: justify; color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color);\">&#8211; FACEBANK will adopt reasonable and appropriate procedures to comply with this Policy. FACEBANK must maintain written security procedures and written records of required actions, activities, or assessments.<\/span><br \/><span style=\"text-align: justify; color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color);\">&#8211; FACEBANK must perform a risk assessment if a breach occurs to evaluate the probability of that the protected information has been compromised.<\/span><\/p>\n<h5 style=\"text-align: justify;\"><b><span style=\"color: var(--awb-text-color);\">Requirements for <\/span><span style=\"color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\">Notices:<\/span><\/b><\/h5>\n<p style=\"text-align: justify;\"><span style=\"background-color: var(--awb-bg-color); color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-transform: var(--awb-text-transform);\">&#8211; Privacy notices must be clear and conspicuous and must accurately reflect the institution&#8217;s privacy practices.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"background-color: var(--awb-bg-color); color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-transform: var(--awb-text-transform);\">&#8211; The privacy notice will be provided so that each recipient can reasonably be expected to receive actual notice in writing or electronically.<\/span><\/p>\n<p><span style=\"text-align: justify; color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color);\">&#8211; Privacy notices will be available in FACEBANK\u2019 website.<\/span><\/div>\n<p><b style=\"text-align: justify; color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); letter-spacing: var(--awb-letter-spacing); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\"><br \/><\/b><\/p>\n<p><b style=\"text-align: justify; color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); letter-spacing: var(--awb-letter-spacing); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\">The privacy notice includes the following information:<\/b><\/p>\n<div>\n<ul>\n<li style=\"text-align: justify; \">Categories of information collected, <\/li>\n<li style=\"text-align: justify; \">categories of information disclosed, <\/li>\n<li style=\"text-align: justify; \">Categories of affiliates and non-affiliated third parties to whom FACEBANK may disclose information, <\/li>\n<li style=\"text-align: justify; \"><span style=\"color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\">Policies and practices concerning the treatment of former customers&#8217; information, <\/span><\/li>\n<li style=\"text-align: justify; \"><span style=\"color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\">Categories of information disclosed to nonaffiliated third parties that perform services for FACEBANK or functions on FACEBANK\u2019s behalf and categories of third parties with whom FACEBANK has contracted, <\/span><\/li>\n<li style=\"text-align: justify; \"><span style=\"color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\">An explanation of the opt-out right and methods for opting out,<\/span><\/li>\n<li style=\"text-align: justify; \"><span style=\"color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\"> Policies and practices for protecting the security and confidentiality of information, and <\/span><\/li>\n<li style=\"text-align: justify; \"><span style=\"color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\">A statement that FACEBANK makes disclosures to other nonaffiliated third  parties for everyday business purposes or as permitted by the law.<\/span><\/li>\n<\/ul>\n<h5>Notice Duties to <span style=\"color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\">Customers:<\/span><\/h5>\n<p style=\"text-align: justify; \">&#8211; FACEBANK will provide an initial notice of its privacy policies and practices to each customer, no later than the time a customer relationship is established.<\/p>\n<ul>\n<li style=\"text-align: justify; \">Gramm-Leach-Bliley Act (GLBA) gives rule-making authority to the CFPB and modifies Regulation P on the requirements of Annual Notice indicating that \u201cthe institutions are not required to deliver an annual privacy notice if: (i) Provide nonpublic personal information to nonaffiliated third parties only in accordance with the provisions of \u00a7 1016.13, \u00a7 1016.14, or \u00a7 1016.15; and<\/li>\n<li style=\"text-align: justify; \">(ii) Have not changed their policies and practices with regard to disclosing nonpublic personal information from the policies and practices that were disclosed to the customer under \u00a7 1016.6(a)(2) through (5) and (9) in the most recent privacy notice provided pursuant to this part.\u201d<\/li>\n<\/ul>\n<p style=\"text-align: justify; \">Therefore, it is the policy of FACEBANK to provide the ongoing annual Privacy Notice to existing customers only if at any given point in time a change in policies and\/or practices occurs in regards to disclosing nonpublic personal information from the policies and practices that were disclosed to the customer under \u00a7 1016.6(a)(2) through (5) and (9) in the most recent privacy notice provided pursuant to this part.<\/p>\n<p style=\"text-align: justify; \">&#8211; A new notice will be provided to an existing customer when the customer obtains a new financial product or services, only if the initial or annual notice most recently provided to the customer was not accurate with respect to <span style=\"color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\">the financial product or service.<\/span><\/p>\n<h5>Information to be collected from Customers when Opening a New Account\t<\/h5>\n<p><span style=\"text-align: justify; color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color);\">&#8211; FACEBANK will notify the customers of the new account the requirement of the following information: his\/her name, address, date of birth, profession, origin of income, and any other information that will allow the identification of the customer. This applies to both, deposits and credit accounts, and any other type of account offered by FACEBANK.<\/span><br \/><span style=\"text-align: justify; color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color);\">&#8211; FACEBANK might also request the license ID, Passport, or any other identification documents to the customer or representative, if applicable.<\/span><br \/><span style=\"text-align: justify; color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color);\">&#8211; FACEBANK will notify that they will reserve the right to request additional documents to the account&#8217;s primary signature, authorized signatures, and\/or origin of funds reflected on the account, and\/or customers\u2019 income.<\/span><br \/><span style=\"text-align: justify; color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color);\">&#8211; FACEBANK will notify that the client is not required to accept the disclaimers when opening a new account. If clients are not in agreement with the disclaimers, Facebank will close the new account and return the available funds by Check or via wire transfer without any cost to the client.<\/span><br \/><span style=\"text-align: justify; color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color);\">&#8211; Information about the devices from which the customer access our account origination platform and other data captured automatically (such as operating system type, mobile device brand and model, IP address, settings, and downloaded applications).<\/span><br \/><span style=\"text-align: justify; color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color);\">&#8211; Information about customer location (geolocation), primarily used to confirm that you are within the coverage area to offer you services, among other purposes.<\/span><br \/><span style=\"text-align: justify; color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color);\">List of contacts and installed apps from mobile devices to validate the customer identity, prevent digital fraud, and verify the customer profile. Information we Collect from Other Sources.<\/span><br \/><span style=\"text-align: justify; color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color);\">&#8211; Information collected for fraud prevention purposes and compliance with reporting requirements.<\/span><br \/><span style=\"text-align: justify; color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color);\">&#8211; Data used for identity validation, information completion, or correction, obtained from secure and reliable sources such as public agencies, service providers, or business partners with whom we collaborate<\/span><\/p>\n<h5>Opt Out Duties to <span style=\"color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\">Consumers<\/span><\/h5>\n<p><span style=\"text-align: justify; color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color);\">&#8211; FACEBANK will send an initial notice of its privacy policies and practices via e-mail, providing this is the official method of communication, as all customers must agree.<\/span><br \/><span style=\"text-align: justify; color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color);\">&#8211; The information sent to the consumer will include an opt out notice.<\/span><br \/><span style=\"text-align: justify; color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color);\">&#8211; The opt out notice will allow a period of no less than 30 days for the consumer to opt out.<\/span><\/div>\n<p><span style=\"text-align: justify; color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color);\"><br \/><\/span><\/p>\n<div>\n<p><span style=\"text-align: justify; color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); letter-spacing: var(--awb-letter-spacing); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\"><b>&#8211; FACEBANK will notify its new clients that their account or transaction information could be disclosed in the following scenarios:<\/b><\/span><\/p>\n<ul>\n<li>Verification of existence and condition of clients account to third party (e.g. credit bureau, merchants)<\/li>\n<li><span style=\"color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\">Complying with warrants made from courts or governmental agencies,<\/span><\/li>\n<li><span style=\"color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\">When required in order to process or complete a transaction,<\/span><\/li>\n<li><span style=\"color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\">When the customer authorizes in writing, and<\/span><\/li>\n<li><span style=\"color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\">When required or permitted by legislation and applicable laws.<\/span><\/li>\n<\/ul>\n<p><span style=\"text-align: justify; color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color);\">&#8211; FACEBANK will not disclose any nonpublic personal information to non-affiliated third parties except under the enumerated exceptions.<\/span><br \/><span style=\"text-align: justify; color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color);\">&#8211; FACEBANK will provide a revised notice before it begins to share a new category of nonpublic personal information or shares information with a new category of nonaffiliated third party in a manner that was not described in the previous notice.<\/span><\/p>\n<h5>Monitoring of Compliance\t<\/h5>\n<p><span style=\"text-align: justify; color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color);\">&#8211; FACEBANK has designated an officer that is not involved in the proper execution of this policy, the task of monitoring the proper compliance of this policy and\/or pertinent procedure.<\/span><br \/><span style=\"text-align: justify; color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color);\">&#8211; All recommendations identified as a result of the monitoring process will be discussed with upper management in the Regulatory Compliance Committee.<\/span><br \/><span style=\"text-align: justify; color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color);\">Action plans and\/or corrective measures will be documented, approved and distributed within the affected area and management.<\/span><\/p>\n<ul>\n<li style=\"text-align: justify; \"><b>The areas to be evaluated are:<\/b><\/li>\n<\/ul>\n<p><span style=\"background-color: var(--awb-bg-color-hover); color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform);\"><\/p>\n<p style=\"text-align: justify; padding-left: 40px;\">&#8211; Initial privacy notice,<\/p>\n<p style=\"text-align: justify; padding-left: 40px;\"><span style=\"color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\">&#8211; Annual privacy notice (if considered applicable),<\/span><\/p>\n<p style=\"text-align: justify; padding-left: 40px;\"><span style=\"color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\">&#8211; Content privacy notice,<\/span><\/p>\n<p style=\"text-align: justify; padding-left: 40px;\"><span style=\"color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\">&#8211; No Opt-out notice,<\/span><\/p>\n<p style=\"text-align: justify; padding-left: 40px;\"><span style=\"color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\">&#8211; Revised notice,<\/span><\/p>\n<p style=\"text-align: justify; padding-left: 40px;\"><span style=\"color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\">&#8211; Delivery methods,<\/span><\/p>\n<p style=\"text-align: justify; padding-left: 40px;\"><span style=\"color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\">&#8211; Limits on disclosure to nonaffiliated third parties,<\/span><\/p>\n<p style=\"text-align: justify; padding-left: 40px;\"><span style=\"color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\">&#8211; Limits on disclosure and reuse of information,<\/span><\/p>\n<p style=\"text-align: justify; padding-left: 40px;\"><span style=\"color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\">&#8211; Roles and Responsibilities<\/span><\/p>\n<p style=\"text-align: justify; padding-left: 40px;\"><span style=\"color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\">&#8211; Exceptions to notice and opt out requirements for processing servicing transaction, and<\/span><\/p>\n<p style=\"text-align: justify; padding-left: 40px;\"><span style=\"color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\">&#8211; Other exceptions to notice and opt out requirements.<\/span><\/p>\n<p><\/span><\/p>\n<h5>Response Program for Unauthorized Access to Customer\t<\/h5>\n<p><span style=\"text-align: justify; color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color);\">&#8211; FACEBANK has in place a risk-based response, including customer notification procedures, to address unauthorized access to or use of customer <\/span><span style=\"text-align: var(--awb-content-alignment); color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\">information maintained by FACEBANK or its service provider that could <\/span><span style=\"text-align: var(--awb-content-alignment); color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\">Information and Customer Notice <\/span><span style=\"text-align: var(--awb-content-alignment); color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\">result in substantial harm or inconvenience to any customer, and require disclosure of a data security breach if the covered entity concludes that misuse of its information about a customer has occurred or is reasonably possible, pursuant to the guidance, substantial harm or inconvenience is most likely to result from improper access to \u201csensitive customer information\u201d.<\/span><\/p>\n<ul>\n<li style=\"text-align: justify; \"><b>FACEBANK\u2019s response program general procedures are:<\/b><\/li>\n<\/ul>\n<p><span style=\"color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color);\"><\/p>\n<p style=\"text-align: justify; padding-left: 40px;\">&#8211; Assessing through an investigation the nature and scope of an incident and identifying what customer information systems and types of customer information have been accessed or misused; assessing the situation could include the support of a third party, as considered necessary.<\/p>\n<p style=\"text-align: justify; padding-left: 40px;\"><span style=\"color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\">&#8211; Notifying its primary regulators once Facebank becomes aware of an incident involving unauthorized access to or use of sensitive customer information; consistent with the Agency\u2019s Suspicious Activity Report (\u201cSAR\u201d) regulations,<\/span><\/p>\n<p style=\"text-align: justify; padding-left: 40px;\"><span style=\"color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\">&#8211; Notifying appropriate law enforcement authorities;<\/span><\/p>\n<p style=\"text-align: justify; padding-left: 40px;\"><span style=\"color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\">&#8211; Taking appropriate steps to contain and control the incident to prevent further unauthorized access to or use of customer information (e.g., by monitoring, freezing, or closing affected accounts and preserving records and other evidence); and<\/span><\/p>\n<p style=\"text-align: justify; padding-left: 40px;\"><span style=\"color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\">&#8211; Notifying the affected customers when warranted. Customer notice may only be delayed if an appropriate law enforcement agency determines that notification will interfere with a criminal investigation and provides the institution with a written request for the delay.<\/span><\/p>\n<p><\/span><span style=\"text-align: justify; color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color);\">&#8211; FACEBANK has an affirmative duty to protect their customers\u2019 information against unauthorized access or use, and customer notification of a security breach involving the customers\u2019 information is a key part of that duty.<\/span><\/p>\n<h5 style=\"text-align: justify; \">Breach Notification Contents\t<\/h5>\n<ul>\n<li style=\"text-align: justify; \"><b>The contents of a breach notification should contain the following elements:<\/b><\/li>\n<\/ul>\n<p><span style=\"color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color);\"><\/p>\n<p style=\"text-align: justify; padding-left: 40px;\">&#8211; A general description of the incident,<\/p>\n<p style=\"text-align: justify; padding-left: 40px;\"><span style=\"color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\">&#8211; Type of information subject to unauthorized access,<\/span><\/p>\n<p style=\"text-align: justify; padding-left: 40px;\"><span style=\"color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\">&#8211; A telephone number customers can call for further information and assistance,<\/span><\/p>\n<p style=\"text-align: justify; padding-left: 40px;\"><span style=\"color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\">&#8211; A reminder \u00abto remain vigilant\u00bb over the next 12 to 24 months,<\/span><\/p>\n<p style=\"text-align: justify; padding-left: 40px;\"><span style=\"color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\">&#8211; A recommendation that incidents of suspected identity theft be reported promptly, and<\/span><\/p>\n<p style=\"text-align: justify; padding-left: 40px;\"><span style=\"color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\">&#8211; A general description of the steps taken by the financial institution to protect the information from further unauthorized access or use.<\/span><\/p>\n<p style=\"text-align: justify; padding-left: 40px;\"><span style=\"color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\">&#8211; Depending on the situation, <\/span>FACEBANK<span style=\"color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\"> may choose to contact all <\/span><span style=\"color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\">customers affected by telephone or by electronic mail.<\/span><\/p>\n<p><\/span><\/p>\n<h5 style=\"text-align: justify; \">Suspicious Activity <span style=\"color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\">Report (\u201cSAR\u201d)<\/span><\/h5>\n<p><span style=\"text-align: justify; color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color);\">&#8211; FACEBANK is required to file a suspicious activity report no later than 30 calendar days after the date of initial detection of unusual facts that may constitute a basis for filing a suspicious activity report.<\/span><br \/><span style=\"text-align: justify; color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color);\">&#8211; If no suspect was identified on the date of detection of the incident requiring the filing, Facebank may delay filing a suspicious activity report for an additional 30 calendar days to identify a suspect.<\/span><br \/><span style=\"text-align: justify; color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color);\">&#8211; In no case shall reporting be delayed more than 60 calendar days after the date of initial detection of a reportable transaction.<\/span><br \/><span style=\"text-align: justify; color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color);\">FACEBANK must use regular channels to submit Suspicious Activity Reports.<\/span><\/p>\n<h2 style=\"text-align: justify; \">Amendments <\/h2>\n<p style=\"text-align: justify; \"><span style=\"color: var(--awb-text-color); font-family: var(--awb-text-font-family); font-size: var(--awb-font-size); font-style: var(--awb-text-font-style); font-weight: var(--awb-text-font-weight); letter-spacing: var(--awb-letter-spacing); text-align: var(--awb-content-alignment); text-transform: var(--awb-text-transform); background-color: var(--awb-bg-color-hover);\">This program\/policy is subject to review and revision to ensure compliance with current and future laws and regulations. Except for modifications, supplements or updates necessitated by changes in law, regulations, or administrative requirements, or to ensure consistency with other Bank policies, any proposed amendments to this Policy must be approved by FACEBANK Board of Directors and\/or the Consumer Compliance Committee.<\/span><\/p>\n<h2><\/h2>\n<table width=\"588\" style=\"text-align: justify; \">\n<tbody><\/tbody>\n<\/table>\n<h2 style=\"text-align: justify; \">Validity<\/h2>\n<p style=\"text-align: justify; \">This policy will take effect on the effective date (approval date) established by the document. It is provided that new procedures adopted in this policy must be integrated to FACEBANK\u2019s operation in a term no longer than 90 days from the effective day. Human Resources will be responsible for the notification to Facebank\u2019s employees\u2019 prior its implementation and the notification of any changes the policy suffers after the effective date. Any employee who does not comply with the established norms- could be reprimanded according to the progressive discipline process.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":4107,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-4119","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Privacy of Financial Consumer Information Policy GLBA - Facebank<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/facebank.pr\/en\/politicas\/privacy-of-financial-consumer-information-policy-glba\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Privacy of Financial Consumer Information Policy GLBA - 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