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ID Theft Red Flags and
Address Discrepancy Regulations


Part 222 -- FAIR CREDIT REPORTING (Regulation V)

Subpart I -- Duties of Users of Consumer Reports Regarding Identity Theft.

§ 222.82 -- Duties of users regarding address discrepancies.

Subpart J -- Identity Theft Read Flags

§ 222.90 -- Duties regarding the detection, prevention, and mitigation of identity theft

§ 222.91 -- Duties of card issuers regarding changes of address

Appendices

Appendix J -- Interagency Guidelines on Identity Theft Detection, Prevention, and Mitigation

ID Theft Red Flags Examples -- Supplement A to Appendix J



Editor's Note: On November 9, 2007, the Federal Reserve Board published in the Federal Register its final Identity Theft Red Flags and Address Discrepancy Regulations under sections 114 and 315 of the Fair and Accurate Credit Transactions Act of 2003 (FACT Act).

The regulations were issued jointly and in cooperation with other federal agencies.

The other agencies' regulations can be located as follows:
  • Office of the Comptroller of the Currency (OCC):
    12 CFR Part 41
  • Federal Deposit Insurance Corporation (FDIC):
    12 CFR Parts 334 and 364
  • Office of Thrift Supervision (OTS):
    12 CFR Part 571
  • National Credit Union Administration (NCUA):
    12 CFR Part 717
  • Federal Trade Commission (FTC):
    16 CFR Part 681
The mandatory compliance date for this rule is November 1, 2008.



RESOURCES

Red Flags Examples
  • Examples of Red Flags
     PDF   HTML

    Law
  • FACT Act in PDF

    Discussions
  • FCRA/FACT Act Forum
  • Selected ID Theft Red Flags Threads

    Final Red Flags and Address Discrepancy Rules
  • Federal Register Notice PDF  TXT
    (includes prefatory comments)

    Articles
  • Compilation of articles on Red Flags and ID Theft

    ID Theft Red Flag Tools
  • Red Flag Account Warnings
  • FCRA - Identity Theft Protection Provider Worksheet

    Other FACT Act Links
  • BOL's Launch Pad
  • BOL's Tracking FACT Act Developments page

    Regulatory Guidance
  • Interagency FAQ: Identity Theft Red Flags and Address Discrepancies (6/11/09)
  • Interagency Guidance: Response Programs for Data Breaches (12/1/05)
  • Fraudulent Regulatory Agency Issuances OCC Alert on phishing attempts, 7/31/07
  • Internet Banking Fraud FDIC FIL on phishing scams, 9/13/04
  • FDIC Warns About Fraudulent Info Requests, 9/10/04
  • FDIC Guidance: Safeguarding Customers Against E-Mail and Internet Scams, 3/15/04
  • Customer ID Theft: E-Mail Scams OCC, 9/12/03
  • ID Theft and Pretext Calling FRB, 4/26/01
  • Identity Theft and Assumption Deterrence Act of 1998 FDIC FIL-100-99, 10/29/99

    Government Websites
  • FTC FCRA page
  • Justice Department ID Theft page



  • First published on BankersOnline.com 8/4/2008



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