The cookie warning should always link to the information about the cookies which are about to get placed on a user’s system, as you’re asking the user for consent to specifically place and read these cookies. The E-Privacy draft speaks of a “clear and prominent notice”.
Our conclusion is that it’s not recommended to point your cookie warning to a privacy statement.
CCPA and US privacy laws
So is it possible to change the URL which is included in the cookie banner? Yes. You need a small piece of code which you can add in your theme’s functions.php:
add_filter(‘cmplz_cookie_settings’, ‘cmplz_my_cookie_policy_url’, 10, 1);
$settings[‘readmore_url’] = ‘https://complianz.io/cookie-policy/’;