Here, the exception from the TILA section 122 (a) requirement that the finance charge be more conspicuously disclosed than other disclosures effectuates TILA's purpose of achieving
a meaningful disclosure of credit terms for transactions subject to § 1026.19 (f).
The Bureau explained that the involvement of a settlement agent could result in increased consumer awareness and more
meaningful disclosure of credit terms, consistent with section 105 (a) of TILA.
This final rule and commentary will enable
meaningful disclosure of credit terms, prevent circumvention and evasion of TILA, and will facilitate compliance with TILA by enabling creditors to refund amounts collected in excess of the good faith requirements, consistent with TILA section 105 (a).
Removing the finance charge disclosure from the Loan Estimate that consumers receive early in the lending process may assure
meaningful disclosure of credit terms, facilitate consumer comparison of credit terms, and improve the informed use of credit by avoiding information overload and improving consumer understanding of loan terms, consistent with the purposes of TILA and with section 1405 (b) of the Dodd - Frank Act.
«We recommend that the Commission now move to promote and enforce mandatory and
meaningful disclosures of the material effects of climate change on issuers,» they wrote.
Not exact matches
By providing a
meaningful disclosure about potential Board members, shareholders will be better able to judge how well - suited individual board nominees are for the Company and whether their listed skills, experience and attributes are appropriate in light
of the Company's overall business strategy.
The requested report would not, in substance, provide any more
meaningful information than our existing
disclosures, nor would it justify the competitive harm we may suffer as a result
of the disclosed information.
But this defensive strategy also led to few
meaningful disclosures, to the detriment
of the understanding
of the public and the Senate — and to the benefit
of Facebook.
BSCI has had a
meaningful and positive impact
of Canadian corporate governance, helping to guide behaviour and
disclosure in ways that have been useful for boards and
meaningful for investors.
In these instances, much more
meaningful disclosure is offered, providing shareholders with useful context as to the value
of particular skills to the board and the company.
«With only a handful
of days left in this legislative session, it is time for the Assembly and Senate to come together and adopt
meaningful procurement reform and enhance economic development spending
disclosure.
The Financial Stability Board, which monitors the global financial system, recently said these kind
of risk - scenario analyses should be a part
of meaningful climate risk
disclosure.
Possibly, the role
of a government actor engaging in law enforcement activity might sometimes be a
meaningful distinction for the treatment
of disclosures under European privacy law: It surely represents a different kind
of litigation scenario from one in which there is no government actor, and no law enforcement involvement.
It's doubtful the
disclosure is so
meaningful that it can not be offset by the precaution
of acting to protect the best interests
of someone who is involuntarily being exposed by your decision to disclose something on our Bitland Blockchain Land Registry in Ghana website (or another).
Most notably, regarding third - party applications, the Assistant Commissioner determined that Facebook did not have adequate safeguards in place to prevent unauthorized access by application developers to users» personal information, and furthermore was not doing enough to ensure that
meaningful consent was obtained from individuals for the
disclosure of their personal information to application developers.
At least one commenter explained that if we required consent or authorization for use and
disclosure of protected health information for treatment, payment, and health care operations then we must also have a right to request restrictions
of such
disclosure in order to make the consent
meaningful.
For example, unlike the Common Rule, the proposed rule would have required that the authorization include a description
of the information to be used or disclosed that identifies the information in a specific and
meaningful way, an expiration date, and where, use
of disclosure of the requested information will result in financial gain to the entity, a statement that such gain will result.
Other commenters supported the required elements as proposed because the elements help to ensure that individuals make
meaningful, informed choices about the use and
disclosure of protected health information about them.
On May 8, the federal, British Columbia, and Alberta privacy commissioners published new guidelines to remind organizations that under Canadian private - sector privacy laws, organizations are required to obtain
meaningful consent for the collection, use, and
disclosure of personal information.
In the complaint, EPIC asks the FTC to investigate Facebook, determine the extent
of the harm to consumer privacy and safety, require Facebook to cease collection and use
of users» biometric data without their affirmative opt - in consent, require Facebook to give users
meaningful control over their personal information, establish appropriate security safeguards, and limit the
disclosure of user information to third parties.
Citing a Federal Election Commission (FEC) rule addressing the impracticality
of attaching
disclosures to items such as campaign buttons and bumper stickers, Facebook contended that many
of its ads were «too small» to contain both ad content and a
meaningful disclosure.
With respect to the comment that the finance charge be disclosed in a more prominent place on the Closing
Disclosure, the Bureau believes that consumer understanding is enhanced by disclosing the finance charge with other loan calculations, such as total
of payments, amount financed, and total interest percentage, for transactions subject to § 1026.19 (f), and that a more prominent
disclosure of the finance charge may not provide a
meaningful benefit to consumers.
The Bureau does not believe, however, that
disclosure of the amount financed on the Loan Estimate provides a
meaningful benefit to consumers in the form
of useful information or protection.
The Bureau believes the final rule and commentary also will result in the
meaningful advance
disclosure of settlement costs and the elimination
of kickbacks, referral fees, and other practices that tend to increase unnecessarily the costs
of certain settlement services by ensuring that the terms
of the transaction that relate to the seller, which include amounts owed to the seller, are fully and accurately disclosed to the seller, consistent with RESPA sections 8 and 19 (a).
This also will result in the
meaningful advance
disclosure of settlement costs and the elimination
of kickbacks, referral fees, and other practices that tend to increase unnecessarily the costs
of certain settlement services by enabling creditors to refund amounts collected in excess
of the good faith requirements, thereby furthering the meaningfulness and reliability
of the estimated
disclosures, consistent with section 19 (a)
of RESPA.
The Bureau believed that these
disclosures would have effectuated the purpose
of TILA by promoting the informed use
of credit and assuring a
meaningful disclosure to consumers.