Sec. 103. Civil Liberties and Privacy Officer
249 words·~1 min read·
/bill/116/hr/2514/eh/section-103A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Not later than the end of the 3-month period beginning on the date of enactment of this Act, a Civil Liberties and Privacy Officer shall be appointed, from among individuals who are attorneys with expertise in data privacy laws— within each Federal functional regulator, by the head of the Federal functional regulator; within the Financial Crimes Enforcement Network, by the Secretary of the Treasury; and within the Internal Revenue Service Small Business and Self-Employed Tax Center, by the Secretary of the Treasury.
Each Civil Liberties and Privacy Officer shall, with respect to the applicable regulator, Network, or Center within which the Officer is located— be consulted each time Bank Secrecy Act or anti-money laundering regulations affecting civil liberties or privacy are developed or reviewed; be consulted on information-sharing programs, including those that provide access to personally identifiable information; ensure coordination and clarity between anti-money laundering, civil liberties, and privacy regulations; contribute to the evaluation and regulation of new technologies that may strengthen data privacy and the protection of personally identifiable information collected by each Federal functional regulator; and develop metrics of program success.
For purposes of this section: The term Bank Secrecy Act has the meaning given that term under section 5312 of title 31, United States Code. The term Federal functional regulator means the Board of Governors of the Federal Reserve System, the Comptroller of the Currency, the Federal Deposit Insurance Corporation, the National Credit Union Administration, the Securities and Exchange Commission, and the Commodity Futures Trading Commission.