Accurate Credit Reporting and Handling Direct Disputes: New Prop

Presented by:
Mary Beth Guard and Jack Holzknecht

WHAT?
A new proposed rule under the FACT Act appears to be on the fast track with a short comment period. The Interagency (and FTC) proposed rule would implement section 312 of FACTA, which deals with l) the accuracy and integrity of information furnished to credit reporting agencies; and 2) circumstances under which a furnisher must reinvestigate disputes about the accuracy of information contained in a credit report based upon a direct request from a consumer.

In this one-hour special "quickie" webinar, Jack and Mary Beth provide an analysis of the proposal and what the new rules will mean to you.

WHY?
Section 312 of FACT requires entities who furnish information to consumer reporting agencies to establish reasonable policies and procedures for ensuring accuracy and integrity of the information and for handling direct disputes from consumers. This proposal contains the standards that must be followed in doing so. The proposal provides alternate methods for the regulators to implement section 312. By attending this webinar, you learn what the alternative are so you can start preparing while there's still time to weigh in and have a voice in the shaping of the final rule.

PROGRAM CONTENT
This program will cover proposed:

Factors that will affect what policies and procedures are appropriate for your institution

WHO?
The program is designed for compliance officers, operations officers and auditors.

VIEW A 10 MINUTE SAMPLE
(requires Windows Media Player and IE).

About the speakers:
Jack Holzknecht is a principal with Pegasus Educational Services, LLC, a training firm headquartered in Louisville, Kentucky. He is an experienced consultant who has provided training to thousands of bankers and examiners for twenty-four years. He has the ability to identify the key compliance issues from each regulation. Jack's career began in 1976 as a federal bank examiner. He later headed the form and software and education divisions of a regional consulting company. In that capacity he developed loan and deposit form systems and software. He also developed and presented training programs to bankers in 43 states. Jack has been an instructor at compliance schools presented by the Georgia, Iowa, Kentucky, Pennsylvania, Nebraska, New York and Texas bankers associations. He developed and delivered compliance training for the FDIC and OTS for ten years. He is a Certified Regulatory Compliance Manager and a member of the National Speakers Association. He is also a "BOL Guru" at http://www.bankersonline.com/ and frequently answers compliance questions sent to "Bankers' Threads."

Mary Beth Guard currently serves as Executive Editor of BankersOnline.com and CEO of Glia Group, Inc., Mary Beth has had a long and distinguished career, graduating from law school in 1980, then going on to serve as general counsel for the Oklahoma State Banking Department, general counsel for the Oklahoma Bankers Association, and EVP of Specialized services for Thomson Financial Publishing prior to co-founding Glia Group, Inc. and BankersOnline.com. Mary Beth also serves as Executive Editor for BankingQuestions.com and as a partner in BankGuard Resources.

Mary Beth is on the advisory board for Bankers' Hotline. She has presented training programs for virtually every major national financial industry association, as well as more than a dozen state bankers associations and a host of other organizations. In addition, Mary Beth has written more than a thousand banking-related articles and is a BOL Guru.

• Complete presentation (including slides and audio)
• Written Materials
• Follow-up Q & A

You have the right under this license agreement for this CD-ROM to use this presentation on a single-workstation. Use on a network is in violation of the copyright agreements. CD may be used by multiple users at a given institution but may not be placed on a network or in any other multi-user environment.