Gramm-Leach-Bliley Act (GLBA): Federal law that requires financial institutions to explain their information-sharing practices to customers and protect sensitive financial data

Right to Financial Privacy Act of 1978: Federal law governing how and when financial institutions can disclose customer financial records to government agencies

Bank Secrecy Act (BSA): Requires financial institutions to maintain proper records and assist government agencies in detecting and preventing money laundering

Privacy Act of 1974: Federal law establishing code of fair information practices governing collection, maintenance, use, and dissemination of personal information

State Privacy Laws: Various state-specific laws governing privacy protection and information handling requirements that vary by jurisdiction

Fair and Accurate Credit Transactions Act (FACTA): Federal law aimed at preventing identity theft and providing requirements for handling sensitive personal information

Identity Theft and Assumption Deterrence Act: Federal law that makes identity theft a federal crime and provides protection for consumers against identity theft

State Authorization Requirements: State-specific requirements for authorization letters, including format, content, and execution requirements

Bank-Specific Authorization Policies: Individual bank requirements and policies for accepting third-party authorization letters and releasing account information

Notarization Requirements: State-specific rules regarding when and how authorization documents must be notarized for legal validity