CCT Compliance Oversight Agencies 4

Question 1

Which agency has primary authority to enforce the Health Insurance Portability and Accountability Act (HIPAA) Privacy and Security Rules?

Accepted Answer

HHS Office for Civil Rights

Answer

The HHS Office for Civil Rights (OCR) enforces HIPAA's Privacy Rule, Security Rule, and Breach Notification Rule.

Question 2

The Federal Trade Commission's enforcement authority over data privacy primarily relies on which statute?

Accepted Answer

Section 5 of the FTC Act prohibiting unfair or deceptive practices

Answer

The FTC uses Section 5 of the FTC Act, which prohibits unfair or deceptive acts, as its primary tool for enforcing data privacy obligations.

Question 3

Which agency oversees compliance with the Americans with Disabilities Act (ADA) Title I employment provisions?

Accepted Answer

EEOC

Answer

The Equal Employment Opportunity Commission (EEOC) enforces ADA Title I, which prohibits disability discrimination in employment.

Question 4

A financial institution receives a civil investigative demand (CID) related to mortgage servicing practices. Which agency most likely issued it?

Accepted Answer

CFPB

Answer

The CFPB uses civil investigative demands as an enforcement tool for investigations involving consumer financial products like mortgage servicing.

Question 5

Which agency must approve mergers between national banks under the Bank Merger Act?

Accepted Answer

OCC

Answer

Under the Bank Merger Act, mergers where the resulting bank is a national bank require OCC approval as the primary federal regulator.

(CCT) Certified Compliance Technician Practice Test