# Financial privacy

URL: /systems/legal-and-corporate/floor/financial-privacy · Id: `floorRow:financial-privacy`

> Financial privacy gives a privacy notice, honors opt-outs from sharing, and runs a written security program wherever a Startup is a financial institution.

Financial privacy gives a privacy notice, honors opt-outs from sharing, and runs a written security program wherever a [Startup](/business/nouns/startup) is a financial institution.

| Property | Value |
| --- | --- |
| Wakes | A Product offers a financial product or service to consumers. |
| Process | [Privacy](/workflows/processes/privacy) |
| Signs | [Privacy Officer](/agents/legal/privacy-officer), [Legal Team](/agents/legal) |
| Sources | Gramm-Leach-Bliley Act, 15 U.S.C. 6801–6809; Regulation P, 12 CFR Part 1016; FTC Safeguards Rule, 16 CFR Part 314 |