With the birth of the Consumer Financial Protection Bureau (CFPB) in 2012, it took over the enforcement of the FCRA / FACTA laws from the Federal Trade Commission (FTC) which resulted in many new rules and regulations for the credit services industry. (financial-education-icfe.org)
The guidance in FACTA builds on provisions for credit reporting that are found in the Fair Credit Reporting Act (FCRA), and it implements... (mortgagecompliancemagazine.com)
U.S. investors who own Canadian investments need to be mindful of their annual filing requirements, including FACTA. (moneysense.ca)