Tag:financial privacy

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Report Elder Abuse to Authorities, Federal Regulators Tell Financial Institutions

Report Elder Abuse to Authorities, Federal Regulators Tell Financial Institutions

By: David L. Beam, *Anjali Garg

*Ms. Garg is a law clerk and not admitted to the practice of law.

Federal privacy laws do not prohibit a financial institution from reporting suspected elder abuse to the authorities. That’s the key takeaway from a new interagency guidance issued by seven federal regulatory agencies on September 23. Read More

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