Financial Services Modernization Act of 1999

(redirected from Gramm Leach Bliley Act)

Financial Services Modernization Act of 1999

Legislation in the United States that deregulated much of the American financial industry. It permitted banks, insurance companies and investment banks to offer each other's products for the first time since the Great Depression. That is, the same companies could offer insurance, brokerage services and/or regular banking services. The legislation resulted in a great deal of consolidation in the financial sector. Critics maintain that it caused banks to take on unnecessary risks that led to the late 2000s recession. It is more commonly called the Gramm-Leach-Bliley Act after its principal authors.
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It also provides original source material as well as commentaries and analyses developed by Privacy Council's subject matter experts on privacy- and security-related issues including the Gramm Leach Bliley Act (GLBA), Health Insurance Portability and Accounting Act (HIPAA), Internet and P3P compliance and global regulation including European Union, Canada and other emerging national laws.
The Health Insurance Portability and Accountability Act, known as HIPAA, and the Gramm Leach Bliley Act (GLB) were addressed in a review of Amalgamated and their family of companies, which provide life and health insurance administration, medical management, financial services, and information technology solutions.
Manakoa's flagship products provide unique templates for analyzing compliance with United States regulations such as Sarbanes-Oxley, the Gramm Leach Bliley Act, FISMA, and HIPAA.
The CAMPs for MOM 2005 support the Gramm Leach Bliley Act (GLBA), the Health Insurance Portability and Accountability Act (HIPAA), and the Federal Information Security Management Act (FISMA).
Manakoa's flagship products are being previewed by Fortune 500 companies due to the unique templates for analyzing compliance with United States regulations such as the Gramm Leach Bliley Act, Sarbanes-Oxley, FISMA, the USA Patriot Act, and HIPPA.
The web site will initially provide data for compliance with the Gramm Leach Bliley Act (GLBA), Health Insurance Portability Accountability Act (HIPAA), Federal Information Security Management Act (FISMA) and the Sarbanes Oxley Act, with support for other U.
According to Philadelphia based Pearl Software, many corporate customers, such as banks and insurance companies, are installing their Internet monitoring and control software to comply with the Gramm Leach Bliley Act, which states that all financial institutions must have a methodology to monitor and archive users' online communications.
For example, the Gramm Leach Bliley Act (GLBA) mandates that all financial institutions protect non-public information belonging to their clients.
Manakoa's flagship products provide unique templates for analyzing compliance with United States regulations such as the Gramm Leach Bliley Act, Sarbanes-Oxley, FISMA, and HIPPA.