fair and accurate credit transactions act

#Fair and accurate credit transactions act pdf#
#Fair and accurate credit transactions act manual#

Under the final rule, the agencies have amended their 'Guidelines Establishing Standards for Safeguarding Customer Information,' as mandated by the Gramm-Leach-Bliley Act, to require the proper disposal of consumer information. Section 216 of the FACT Act is designed to protect a consumer against the risks associated with identity theft and other types of fraud. The Federal Deposit Insurance Corporation, the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, and the Office of Thrift Supervision (agencies) have adopted the attached final rule to implement section 216 of the Fair and Accurate Credit Transactions Act of 2003 (FACT Act). Paper copies of FDIC FILs may be obtained through the FDIC's Public Information Center, 801 17th Street, NW, Room 100, Washington, DC 20434 (1-87 or (703) 562-2200). Or Robert Patrick, Counsel, on (202) 898-8886įDIC Financial Institution Letters (FILs) may be accessed from the FDIC's Web site at To receive FILs electronically, please visit. Kathryn Weatherby, Examination Specialist, on (202) 898-6793 Jeffrey Kopchik, Senior Policy Analyst, on (202) 898-3872

#Fair and accurate credit transactions act pdf#

Interagency Guidelines Establishing Standards for Safeguarding of Customer InformationįFIEC Information Security Handbook issued January 2003įederal Register, December 28, 2004, pages 77610-77621 Federal Register, December 28, 2004, pages 77610-77621 - PDF 102k ( PDF Help) The new guidelines will take effect on July 1, 2005.įDIC-Supervised Banks (Commercial and Savings).To implement section 216 of the FACT Act, the banking and thrift regulatory agencies have amended their 'Guidelines Establishing Standards for Safeguarding Customer Information,' and renamed them 'Interagency Guidelines Establishing Information Security Standards,' to require the proper disposal of consumer information.The FACT Act requires any financial institution that maintains or otherwise possesses consumer information derived from consumer reports to properly dispose of it.The guidelines require the proper disposal of consumer information. Section 216 is designed to protect consumers against the risks associated with identity theft and other types of fraud. The federal bank and thrift regulatory agencies have jointly issued final guidelines to implement section 216 of the Fair and Accurate Credit Transactions Act of 2003 (FACT Act). Guidelines Requiring the Proper Disposal of Consumer Information Home > News & Events > Financial Institution Lettersįair and Accurate Credit Transactions Act of 2003 Organization Directory and Office Contacts.

Letters to the Editor/Opinion Editorials.

The inventory of other assets for sale - including office furniture, fixtures, and equipment. The secure Internet channel for FDIC-insured institutions to conduct business and exchange information with the FDIC.

Resources for Bank Officers & Directors.

Consumer Compliance Supervisory Highlights.

FFIEC Information Technology Examination Handbook.

Bank Secrecy Act and Anti-Money Laundering.

#Fair and accurate credit transactions act manual#

Risk Management Manual of Examination Policies.Uniform Bank Performance Reports (UBPR).

Money Smart - A Financial Education Program.

Temas sobre la protección al consumidor.

Recursos del seguro de depósito en español.

Revocable and Irrevocable Trust Accounts.

How are My Deposit Accounts Insured by the FDIC?.

Learn if your bank is insured, view locations, track history, and more. Online tool that helps depositors determine how the insurance rules and limits apply to a specific group of deposit accounts â€” what's insured and what portion (if any) exceeds coverage limits at that bank.