Notice 17 Jul 2025 regulatory compliance, business compliance, irs, tax forms, identity theft

🛡️IRS Requests Comments on Identity Theft Affidavit Forms Impacting Businesses

In accordance with the Paperwork Reduction Act of 1995, the IRS is inviting comments on the information collection request outlined in this notice.

Learn More
Notice 8 Jul 2025 compliance, regulations, consumer protection, financial institutions, identity theft

🛡️Identity Theft Regulations and Compliance Requirements Overview

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 the respondent is 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." The OCC also is giving notice that it has sent the collection to OMB for review.

Learn More
Notice 8 Jul 2025 compliance, banking, flood insurance, financial regulation, fdic, identity theft

🏦FDIC Requests Comments on Agency Information Collection Activities

The Federal Deposit Insurance Corporation (FDIC), as part of its obligations under the Paperwork Reduction Act of 1995, invites the general public and other Federal agencies to take this opportunity to comment on the request to renew the existing information collections described below (OMB Control No. 3064-0152; -0190 and -0207). The notices of proposed renewal for these information collections were previously published in the Federal Register on April 25, 2025, allowing for a 60-day comment period.

Learn More
Notice 2 May 2025 compliance, consumer protection, financial regulations, occ, identity theft

🏦Renewal of Information Collection on Identity Theft Regulations

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."

Learn More
Notice 25 Apr 2025 compliance, information collection, flood insurance, financial institutions, fdic, regulatory updates, identity theft

🏦FDIC Information Collection Renewal

The FDIC, as part of its obligations under the Paperwork Reduction Act of 1995 (PRA), invites the general public and other Federal agencies to take this opportunity to comment on the renewal of the existing information collections described below (OMB Control No. 3064-0152; -0190 and -0207).

Learn More
Notice 27 Mar 2025 compliance, sec, regulation, financial institutions, identity theft

🏦SEC Regulation S-ID

The Securities and Exchange Commission proposes an extension of Regulation S-ID, focusing on information collection requirements to combat identity theft. The regulation mandates SEC-regulated entities to implement identity theft prevention programs, which includes developing policies, staff training, and regular assessments, leading to substantial compliance costs for covered institutions.

Learn More
Proposed Rule 7 Mar 2025 regulation, consumer protection, cfpb, credit reporting, identity theft

🏦CFPB Proposes Changes to Fair Credit Reporting Act Regulations

On December 13, 2024, the Consumer Financial Protection Bureau (CFPB) published in the Federal Register an Advance Notice of Proposed Rulemaking (ANPR) seeking information in advance of preparing a proposed rule to address concerns related to information furnished to credit bureaus and other consumer reporting agencies as a result of coercion. The ANPR provided a comment period that was set to close on March 7, 2025. To allow interested persons more time to consider and submit their comments, the CFPB has determined that an extension of the comment period until April 7, 2025, is appropriate.

Learn More