OMB.report

Federal forms, ICRs, and supporting documents

Information Collection Request

Identity Theft Red Flags and Address Discrepancies under the Fair and Accurate Credit Transactions Act of 2003 (FACT Act)

ICR 201108-1557-009 · OMB 1557-0237 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
1557-0237.forNonsub.change.doc Justification for No Material/Nonsubstantive Change Uploaded 2011-08-17 Available
IC Document Collections
IC IDCollectionTypeStatusForm
44234 Existing Respondents Modified
189397 New Respondents Modified
ICR Details
1557-0237 201108-1557-009
Historical Active 200906-1557-001
TREAS/OCC 2006-01
Identity Theft Red Flags and Address Discrepancies under the Fair and Accurate Credit Transactions Act of 2003 (FACT Act)
No material or nonsubstantive change to a currently approved collection   No
Regular
Approved without change 09/08/2011
Retrieve Notice of Action (NOA) 09/07/2011
  Inventory as of this Action Requested Previously Approved
10/31/2012 10/31/2012 10/31/2012
7,289 0 6,550
195,809 0 183,985
0 0 0
The OCC issued a final rule together with the FRB, FDIC, OTS, NCUA, and FTC to implement sections 114 and 315 of the FACT Act, which require that the agencies issue guidelines and regulations regarding identity theft. 72 FR 63718 (November 9, 2007).
PL: Pub.L. 108 - 159 114, 315 Name of Law: FACT Act
  
PL: Pub.L. 111 - 203 124 Name of Law: Dodd-Frank Wall Street Reform and Consumer Protection Act
1557-AC87 Final or interim final rulemaking 72 FR 63718 11/09/2007
  74 FR 21740 05/08/2009
74 FR 41188 08/14/2009
Yes
2
IC Title Form No. Form Name
Existing Respondents
New Respondents
  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 7,289 6,550 739 0 0 0
Annual Time Burden (Hours) 195,809 183,985 11,824 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
OCC is citing an increase in the burden due to an increase in the number of respondents as a result of implementing the Dodd-Frank Wall Street Reform and Consumer Protection Act, P.L. 111-203, 124 Stat 1376 (2010). The information collection is used to identify patterns, practices, and specific forms of activity that indicate the possible existence of identity theft. The policies and procedures address the risk of identity theft and assess the validity of requests for changes of address under certain circumstances.
$0
No
No
No
Yes
No
Uncollected
Andra Shuster 202 874-5090 [email protected]
  No
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
09/07/2011