Regulatory Compliance, Financial Data 13 Jan 2025 payments study, financial institutions, data collection, federal reserve, compliance

📊Federal Reserve Payments Study Approved for Three-Year Extension

The Board of Governors of the Federal Reserve System (Board) is adopting a proposal to extend for three years, without revision, the Federal Reserve Payments Study (FR 3066; OMB No. 7100-0351).

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Compliance, Regulatory Requirements 7 Jan 2025 compliance, regulation, federal trade commission, financial institutions, identity theft prevention

🛡️FTC Proposes Extension of Red Flags, Card Issuers, and Address Rules

The Federal Trade Commission ("FTC" or "Commission") requests that the Office of Management and Budget ("OMB") extend for an additional three years the current Paperwork Reduction Act ("PRA") clearance for information collection requirements contained in the Red Flags, Card Issuers, and Address Discrepancy Rules ("Rules"). That clearance expires on January 31, 2025.

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