Posted on Nov 29, 2012
The Bureau of Consumer Financial Protection issued correcting amendments to address typographical errors in model forms. The correcting amendment published on November 14, 2012, contains typographical and technical corrections to the existing model forms. Although the Bureau will regard the use of the old, incorrect model forms to constitute compliance for now, it is strongly suggested that the revised forms be used beginning January 1, 2013. The notices are included in the revised “FCRA Summary of Rights,” which can be found here: <<FCRA electronic regs>>.
More can be read regarding these notices and the newly-created Bureau in Littler Mendelson’s recent Privacy Blog and ASAP. These documents can be retrieved here << Littler Privacy Blog >> and <<Littler ASAP>>.
Director of Compliance
Henderson Brothers, Inc.
Please note that the information contained in this document is designed to provide authoritative and accurate information, in regard to the subject matter covered. However, it is not provided as legal or tax advice and no representation is made as to the sufficiency for your specific company’s needs. This document should be reviewed by your legal counsel or tax consultant before use.
To download the PDF version of this blog entry, please click on the link below: