News and Commentary
Welcome to MSB Insights, where our attorneys discuss the latest issues affecting your business. In the fast-paced and constantly shifting world of business and financial services, we recognize the critical importance of keeping our clients up to date about regulatory trends and enforcement actions, important cases, and compliance requirements. MSB Insights offers timely commentary on industry developments as they happen, keeping you up to date on the issues that matter most.
On December 14, 2022 I presented a Professional Background Screening Associations (PBSA) Educational Resources Committee webinar entitled Why You Need a FCRA Compliance Manual and What it Should Include. During the presentation I explain the “reasonable”
Internal Fair Credit Reporting Act (FCRA) Compliance Audits can be an effective way to guard against lawsuits. A properly conducted Audit will expose operational deficiencies which can subject your firm to potential liabilities so you can address them before liability arises. This article describes what an Audit can cover, how to motivate your employees to meaningfully participate in the Audit, what to do with the information gleaned from the Audit and how to protect negative information from the Audit from disclosure if litigation arises.
On June 25, 2021, the U.S. Supreme Court issued its opinion in TransUnion v. Ramirez [1]. The issue in this Fair Credit Reporting Act case
Originally prepared for and published by PBSA in the July-August 2021 edition of the Journal. Read the full issue here: https://thepbsa.uberflip.com/i/1403122-pbsa-journal-july-august-2021/0? When a consumer is
On September 13, 2022, Joe Messer will be speaking at the Professional Background Screening
Association’s Annual Conference at the Gaylord Rockies Resort in Denver, Colorado. He will present a
seminar on Fair Credit Reporting Act compliance audits and how they can guard against FCRA lawsuits.
Rohit Chopra has been nominated to be the next director of the Consumer Financial Protection Bureau. His confirmation hearing has been scheduled, and all signs