Financial Access Protection Act prohibits financial institutions from collecting citizenship or immigration status information.
The Financial Access Protection Act prohibits covered financial institutions from collecting, maintaining, and disclosing information relating to the citizenship status and immigration status of consumers. It defines "covered financial institution" to include insured depository institutions, insured credit unions, consumer reporting agencies, and their affiliates. The Act also prevents federal banking agencies from requiring consumers to disclose their citizenship or immigration status as a condition for financial services.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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