Details

  • Service: Tax, U.S. Indirect Tax, Advisory, Risk Consulting, Financial Risk Management
  • Industry: Banking & Capital Markets
  • Type: Publication series, Regulatory update
  • Date: 2/4/2010

Regulatory Practice Letter #10-03 

Risk-Based Pricing Notices to Consumers – Final Rules
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The Federal Reserve Board (“Fed”) and the Federal Trade Commission (“FTC”) have approved final regulations that implement the risk-based pricing provisions of Section 311 of the Fair and Accurate Credit Transactions Act of 2003 (“FACT Act”), which amends the Fair Credit Reporting Act (“FCRA”).