🏦Renewal of Information Collection on Identity Theft Regulations
Agency Information Collection Activities: Information Collection Renewal; Comment Request; Identity Theft Red Flags and Address Discrepancies Under the Fair and Accurate Credit Transactions Act of 2003
Summary
The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the OCC may not conduct or sponsor, and respondents are not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The OCC is soliciting comment concerning the renewal of its information collection titled, "Identity Theft Red Flags and Address Discrepancies under the Fair and Accurate Credit Transactions Act of 2003."
Agencies
- Treasury Department
- Comptroller of the Currency
Business Impact
$$$ - High
The document outlines the Renewal of Information Collection specific to identity theft protections designed for financial institutions and creditors. Compliance with these guidelines is a regulatory requirement that directly affects business operations, particularly for those in the financial sectors.