Right to Financial Privacy Act: Introduction
9 min! Run Time
Employees
only
Provided
What you'll learn
Skills covered in this course
Description
Not long ago, the U.S. government could access your bank records without your knowledge. The Right to Financial Privacy Act (RFPA) changed that by protecting sensitive financial information.
What this course covers:
- What the Right to Financial Privacy Act (RFPA) is and its history
- The sensitive bank records the law protects
- Who the RFPA protects and how
- Violations and penalties tied to the act
Ideal for financial institution staff and compliance professionals new to the RFPA.
System Requirements
See System Requirements in the Coggno Knowledge Base
Author
Frequently Asked Questions
The course explains that not long ago the U.S. government could access bank records without a person's knowledge, and how the Right to Financial Privacy Act changed that by protecting sensitive financial information from unauthorized government access.
It covers what the RFPA is and its history, giving staff new to the law the background behind why Congress created these protections for bank records that were previously accessible without any notice to the account holder.
This course covers the sensitive bank records the law protects, identifying the specific categories of financial information that fall under RFPA safeguards against unauthorized government access to those particular records held by any given institution.
It explains who the RFPA protects and how, giving compliance professionals a clear sense of whose records the law shields and the mechanism it uses to do so against unauthorized government access to bank records.
The course covers violations and penalties tied to the act, rounding out the introduction for financial institution staff and compliance professionals who are new to the RFPA, its protections, its history, and its overall scope.
