ID Theft Plans Finalized for Review As Red Flag Rules Kick in Nov. 1
October 20, 2008
Financial institutions will soon find out if the ID theft red flag programs they have developed to reduce the risk of identity theft meet regulatory approval. The rules went into effect Jan. 1 this year, and business must comply by Nov. 1. Financial institutions are expected to be in compliance by the mandatory compliance date. Under the Red Flag rules published by...