---
term: "Authorization disclosure (Section 1033)"
category: "Consent and data rights"
url: https://agenticopenfinance.com/glossary/authorization-disclosure
source: AgenticOpenFinance glossary
---

# Authorization disclosure (Section 1033)

> The signed disclosure through which a US consumer gives a third party express informed consent to access their data.

Under the CFPB's personal financial data rights rule, a third party seeking a consumer's covered data must obtain the consumer's express informed consent through an authorization disclosure signed electronically or in writing. The third party also agrees to limit collection, use and retention to what is reasonably necessary for the requested product, and to a maximum period after the latest authorisation unless the consumer reauthorises. The rule is under reconsideration, so its current text should be checked.

Related terms: [Authorized third party](https://agenticopenfinance.com/glossary/authorised-third-party.md), [Consent](https://agenticopenfinance.com/glossary/consent.md), [Permission dashboard](https://agenticopenfinance.com/glossary/permission-dashboard.md), [Withdrawal of consent](https://agenticopenfinance.com/glossary/consent-withdrawal.md), [Purpose limitation](https://agenticopenfinance.com/glossary/purpose-limitation.md)