NXG Strategies Reviews FACTA Section 114
FINAL FACTA REGULATION ISSUED REQUIRING WRITTEN IDENTITY THEFT PROGRAM
Identity Theft Industry Experts at NXG Strategies Address Your Need for Compliance To Red Flag
NXG WEBINAR SERIES
RED FLAG I - Introduction to Red Flag
Simple, straightforward explanation of the Red Flag requirements, with a discussion of how to plan, stage and implement the requirements. Finally, this series includes a brief discusssion of the major categories of solutions providers and how to perform due diligence before contracting with firms in the identity theft services industry.
Duration: One hour
Cost: No cost to firms subject to Section 114. Sponsorship or registration required. Check our list of Marketing Partner sponsors or click HERE to request a registration password.
RED FLAG II - "Green Light"
In this second session you will be provided a comprehensive Gap Analysis Checklist that will be reviewed in detail, allowing your Red Flag Oversight Committee to quickly and easily identify and document where you are already in compliance with Red Flag and where you have gaps. In addition, you will be provided a complete template for your written plan, with sample board resolution and language. This template will be the working document for the "Green Light" workshop, with the goal of providing you with a basis for completing your Section 114 written plan.
It is recommended that you attend Red Flag I to understand clearly the requirements of FACTA Section 114, Red Flag, prior to attending the second session.
Duration: One and a Half Hours
Cost: $350 for each registered attendee. Includes Gap Analysis Checklist and Red Flag Written Plan Template. Coming in June. Get on the waiting list NOW, click HERE or contact one of our Marketing Partner organizations for sponsorship.
Visit NXG Strategies Corporate Website
NXG Strategies is an industry pioneer and the nation's top-tier consulting firm helping financial institutions, lending firms, retail organizations, telecommunications companies and utilities, auto dealers and other corporations provide sponsored identity theft PREVENTION and identity theft MITIGATION services to more than 1.5 million program members. Now, in cooperation with the latest in DETECTION technologies NXG Strategies can provide a complete solution in answer to the Red Flag Legislation.
NXG Strategies uses the strength of a multi-provider strategy under one proprietary label to provide program continuity, scalability, volume pricing and the most comprehensive selection of program benefits available.
Contact:
Scott Smith, President
NXG Strategies, LLC
615-656-4292
scott.smith@nxgstrategies.com
www.nxgstrategies.com
RED FLAG RULES See "General Requirements" to Learn More About How Red Flag Affects Your Organization or Call NXG Strategies for a Personal Analysis. Information published on this site is of general applicability and is not intended to be relied on as a complete and accurate interpretation of the law for any person or entity. By virtue of this publication, we are not providing legal, accounting or other professional advice for specific companies or financial institutions. Please consult your legal or compliance adviser before taking any action on information contained herein.
Section 114 of the FACT Act
Full Text of Final Red Flag Rules, Section 114 of the Fair and Accurate Transactions Act (FACTA)
Who Must Comply: All Banks, Thrifts, Mortgage Lenders, Credit Unions and U.S. Branches of Foreign Banks and Lenders, and other "Creditors", such as Utility Companies, Telecommunications Companies, Health Care Companies, Debt Collectors and more!
EFFECTIVE: January 1, 2008
DEADLINE: November 1, 2008
-- NXG Strategies, LLC