Daylight's July 16, 2009 AML Update

Scott Moritz, Executive Director
Daylight's AML Update, July 16, 2009

Under the Red Flags Rule, FIs and creditors are required to develop, implement and administer ID Theft Programs reasonably designed to mitigate identity theft risks associated with covered accounts. These programs must be approved by a firm’s board of directors or senior management. Read More.