Identity Theft Red Flags and Address Discrepancies: Joint Notice of Proposed Rulemaking

Details

• Publisher's site:
  https://www.fdic.gov
• Corporate Authors:
  Federal Deposit Insurance Corporation (FDIC)
• Description:
  The federal bank, thrift and credit union regulatory agencies and the Federal Trade Commission are requesting public comment on the attached proposed regulation to implement sections 114 and 315 of the Fair and Accurate Credit Transactions Act of 2003 (FACT Act). The proposed regulation would require financial institutions and creditors to adopt reasonable policies and procedures to indicate the possible existence of identity theft and to validate addresses under certain circumstances. Comments are due by September 18, 2006.
• Subject:
  Information Technology/Cybersecurity
• Dataset Download URL:
  fdic.gov/news/inactive-financial-institution-letters/2006/fil06064.pdf
• Format:
  PDF
• Release Date:
  07/18/2006
• Update Date:
  03/06/2008
• Withdrawn Date:
  Not Available
• Agencies Involved:
  Federal Deposit Insurance Corporation (FDIC) ; Federal Trade Commission (FTC)
• Fdic Employee Involved:
  Jeffrey Kopchik ; David Lafleur
• Law Involved:
  Fair and Accurate Credit Transaction Act of 2003 (FACT ACT)
• Related Regulation:
  12 CFR part 364
• Comment Period End Date:
  09/18/2006
• Source:
  FDIC Website
• Memorandum To:
  FDIC-Supervised Banks (Commercial and Savings)
• FIL Number:
  FIL-64-2006
• Main Document Checksum:
  urn:sha256:9bcc525e428aa7aa9383926571f444d37f7b05f3acc65ea4fb7c8dda646f1c32
• Download URL:
  https://archive.fdic.gov/view/fdic/7471/fdic_7471_DS1.pdf
• File Type:
  [PDF - 27.47 KB ]