What is required if a licensee's policies have changed since the last disclosure?

A new privacy notice must be issued when a licensee's policies have changed since the last disclosure because it is essential to keep customers informed about how their personal information is handled. Regulatory standards require that organizations that deal with personal data are transparent about their privacy practices. This means that any material changes in the privacy policies should be communicated to customers through a formal notice. The issuance of a new privacy notice ensures that customers can understand the implications of the changes and exercise their rights regarding their personal information.

The requirement for a new privacy notice emphasizes the integrity and trust that organizations must maintain with their clients. Keeping customers informed not only fosters transparency but also complies with legal obligations that protect consumer rights in handling personal data.