Gramm-Leach-Bliley Act
GLBA establishes the regulatory response to the security risks associated with the growth and reliance of:• Electronic records
• Online banking
• E-commerce
•Banks, insurance companies, brokerages, credit card companies and other financial businesses are required to establish safeguards to ensure the confidentiality and integrity of personal customer information and financial data under the Title V–Privacy of the Gramm-Leach-Bliley Act of 1999 (GLBA)
•Failure to comply with GLBA can result in the forced shutdown of operations until adequate compliance procedures have been implemented, regulatory agency fines, and/or suspension of an institution's charter.
• Resources within public companies and private companies are being re-directed to ensure successful compliance due to increasing sensitivity to regulatory compliance such as Sarbanes-Oxley, the PATRIOT Act and FDICIA.
Compliance Services cover:• implementation of a full-scale compliance program
• assistance enhancing an existing program
• proven risk-based approach
• Sarbanes-Oxley
• PATRIOT Act
• FDICIA
• BSA
• GLBA
As one of the Best Places to Work in NJ, Amper is one of the largest independent CPA, accounting, tax preparation, and auditing firms in the New Jersey, Pennsylvania and New York region.
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