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Daily Dashboard | Government, Industry Discuss Pending Legislation Related reading: CFPB releases Consumer Protection Principles on financial data sharing

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The government has expressed its commitment to protecting citizens' personal privacy while not hampering industry at a meeting with representatives from the direct marketing industry, according to a press release. Industry representatives expressed concern about the impact that pending legislative proposals could have and asked the privacy commissioner for personal data to consult stakeholders before issuing new guidelines. They also asked that any guidelines be clearly stated in order to promote compliance. The commissioner's office said it is preparing new guidance on the collection and use of personal data and expects to replace existing guidelines this fall. The government signaled it would increase privacy protections for citizens after a scandal involving the sale of two million payment card customers' personal data.
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