Overview
The webinar will address FCRA requirements for information retention and reporting as well as the impact of the CFPB Continuous Supervision program and the Internal Review Process.
Why should you Attend
The Fair Credit Reporting Act is a federal law regulating the collection, dissemination, and use of consumer information, including consumer credit information.in the United States.
This webinar addresses the roles and responsibilities of the FCRA and its impact on the recording requirements of Consumer Reporting Agencies (CRAs) including :
- Retention of negative information
- Liabilities for consumer notification
- Provision of consumer credit reports
In addition to the well-known “big three” of Experian, Equifax and TransUnion, other organizations retaining records on consumers’
- Medical records and payments
- Insurance claims
- Residential and tenant history
- Check writing history
- Employment history
May also be classed as a Nationwide Speciality Consumer Reporting Agency and fall within the remit of the FCRA.
Areas Covered in the Session
- Retention of negative information
- Liabilities for consumer notification
- Provision of consumer credit reports
- Consumer Rights
- Responsibilities of Furnishers and
- Responsibilities of Users
- Rules changes to bring FCRA in line with the Dodd-Frank Wall Street Reform and Consumer Protection Act
Who Will Benefit
- Audit Committees
- Board of Directors
- Chief Executive Officers
- Chief Financial Officers
- Corporate/ Managing Directors
- Internal and External Auditors
Speaker Profile
Richard E. Cascarino, MBA, CIA, CISM, CFE, CRMA
Well known in international auditing, Richard is a principal of Richard Cascarino & Associates based in Colorado, USA and Johannesburg, South Africa with over 32 years of experience in audit training and consultancy. He is a regular speaker to National and International conferences and has presented courses throughout Africa, Europe, the Middle East and the USA. Richard is a Past President of the Institute of Internal Auditors in South Africa, was the founding Regional Director of the Southern African Region of the IIA-Inc and is a member of ISACA, and the Association of Certified Fraud Examiners, where he was a member of the Board of Regents for Higher Education.
Richard was Chairman of the Audit Committee of Gauteng cluster 2 (Premier's office, Shared Services and Health) in Johannesburg and was also the Chairman of the Audit and Risk Committee of the Department of Public Enterprises in South Africa
Instructor
Richard Cascarino
