Privacy policy, footcloth text or just props?

Question

Marketing

Actually, I wondered how to properly draw up this crap.
Yandex refused to place the site in Direct, because there is no "Privacy Policy".
But other sites do fine without it, as far as I can see.
Yes, in general, that's not the point.
How to arrange?
1) A whole footcloth of text, in a pop-up window or even on a separate page with details, blackjack and prostitutes.
2) Or a phrase like "We respect the privacy policy and your data will not be transferred to third parties" is enough somewhere next to the form.

Answer 1

Until you, as the organizer of the resource, are called to court - call it what you want, even a footcloth, even a props.
How to format it correctly - without loading the site, somewhere in the footer is a link to the page with the policy.
Plus, you need a checkmark and a link to the agreement on the processing of personal data in forms with personal data.

Answer 2

arrange like competitors