Compliance Action, Volume 13, Number 8

Credit Card Practices: The FRB Proposal (4 Action Steps)

By Lucy Griffin

The FRB's proposal on credit card practices is based on the FTC Act's prohibition of unfair or deceptive acts or practices (UDAP).

Your Red Flag Program: Preventing Identity Theft (5 Action Steps)

By Lucy Griffin

The biggest challenge in developing and implementing a red flag program for preventing identity theft is that it must be designed to monitor a moving target.

Checklist for Developing a Red Flag Identity Program

By Lucy Griffin

There are some mandatory steps organizations will need to consider when developing their individual Red Flag Programs.

Compliance Notes

• Common Violations
• Victim Brokers?
• Rentschler Receives Service Award
• Bair Stresses Importance of Compliance
• CAC Nominations

Compliance Calendar

In the Editor's Opinion
Risk Management and Common Violations

By Lucy Griffin

Common violations are a measure of what can and did go wrong. But risk management is more than just counting violations and avoiding them in the future.

Compliance Q & A

• Funds Deposited Prior to Rescission Period
• Flood Insurance Estimates on GFE
• Denial of Credit for Length of Employment

Lowering the Threshold for the Travel Rule

By Lucy Griffin

What impact would lowering the threshold for the travel rule have on your institution?