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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