12 CFR Part 1016

GLBA/Reg P Compliance Execution for BaaS Platforms

The Gramm-Leach-Bliley Act requires privacy protections for consumer financial information. Canarie helps you execute GLBA compliance through automated workflows for privacy notices, opt-out management, and safeguards compliance. Specifically tailored for the compliance requirements of baas platforms.

More for BaaS Platforms

Key Requirements

1
Initial and annual privacy notices
2
Opt-out rights and procedures
3
Information sharing limitations
4
Safeguards Rule compliance
5
Service provider oversight
6
Record retention

BaaS Platforms Compliance Challenges

Oversight of multiple fintech partners
Demonstrating partner compliance to examiners
Scaling oversight with partner growth
Managing third-party risk at scale
Consistent compliance standards

How Canarie Helps BaaS Platforms

Automated Workflows

Recurring GLBA/Reg P Compliance Execution tasks are scheduled, assigned, and tracked automatically.

Evidence Capture

Evidence is captured automatically as compliance work is completed.

Evidence Records

Examiner-ready evidence shows who did what, when, with immutable records.

Examiner-Ready Export

Export organized evidence packages in formats examiners expect.

Non-Compliance Risks

Civil penalties up to $100,000 per violation
Officer/director liability up to $10,000
FTC and prudential regulator enforcement

Frequently Asked Questions

Automate GLBA/Reg P Compliance Execution for Your BaaS Platform

See how baas platforms execute compliance with confidence.