Compliance
Last updated: November 1, 2024
Regulatory Compliance
At Budget Buddy, we are committed to complying with all applicable laws and regulations governing financial services, data protection, and consumer privacy. This page outlines our approach to compliance and the regulatory frameworks we adhere to.
Data Protection and Privacy
We adhere to the following data protection regulations:
- General Data Protection Regulation (GDPR): For users in the European Economic Area, we comply with GDPR requirements regarding data collection, processing, and storage.
- California Consumer Privacy Act (CCPA): For California residents, we comply with CCPA requirements regarding personal information and consumer rights.
- Personal Data Protection Act: We respect and comply with various national data protection laws applicable to our users.
For more information on how we handle your data, please refer to our Privacy Policy.
Financial Services Compliance
Budget Buddy is a financial management tool that provides budgeting and expense tracking capabilities. We are not a financial institution, do not provide financial advice, and do not directly handle or process payments.
However, we are committed to:
- Transparently communicating the nature of our services
- Maintaining the security of any financial data you provide
- Following best practices for financial data protection
Security Compliance
We implement security measures in line with industry standards:
- Data Encryption: We use encryption for data in transit and at rest
- Secure Authentication: We implement multi-factor authentication where appropriate
- Regular Security Audits: We conduct periodic security assessments
- Vulnerability Management: We maintain a program to identify and address security vulnerabilities
Accessibility Compliance
Budget Buddy is committed to making our website and application accessible to all users, including those with disabilities. We strive to comply with the Web Content Accessibility Guidelines (WCAG) 2.1 at Level AA.
Reporting Compliance Concerns
If you have any concerns about our compliance with applicable laws and regulations, or if you believe your rights have been violated, please contact us immediately at:
Compliance Updates
As regulations evolve, we continuously update our practices and policies to ensure ongoing compliance. This page will be updated to reflect any significant changes to our compliance approach.