Fair Credit Reporting (Regulation V); Correction, 67744-67763 [2012-27581]

Download as PDF 67744 Federal Register / Vol. 77, No. 220 / Wednesday, November 14, 2012 / Rules and Regulations emcdonald on DSK67QTVN1PROD with RULES interest. We have determined that this standard is satisfied. Hurricane Sandy left death and massive destruction in its wake. Many of the people in the storm’s path continue to be exposed both to the elements (just as colder weather has arrived) and to inherently hazardous conditions where they are located and are thus in immediate need of emergency assistance. FEMA is playing a major role, working with state and local partners, to provide this assistance. Therefore, the federal government has a critical need to deploy additional qualified emergency response workers to serve the American people. Moreover, emergency response workers are voluntarily exposing themselves to hazardous working conditions every day. They have a need for health insurance coverage to obtain preventive care, to allow for early detection of potentially serious conditions, and to address any health issues that may arise as a result of their service. The regulatory obstacle preventing such agencies as FEMA from submitting a request for FEHBP coverage of these men and women should thus be eliminated without delay. Because of these conditions, OPM has determined that it would be impracticable, unnecessary, and contrary to the public interest to delay putting the provisions of this interim final regulation in place until a public notice and comment process has been completed. We find good cause to waive the notice of proposed rulemaking and to issue this final rule on an interim basis. We will accept public comments on this interim final rule for 60 days. We are also dispensing with the usual requirement that a new rule not take effect until 30 days after it is issued. Instead, this rule is effective immediately upon public display. Immediate effectiveness is authorized because this is a substantive rule granting an exception to the prohibition on providing health insurance coverage to intermittent employees. See 5 U.S.C. 553(d)(1). Moreover, for the reasons set forth above, there is good cause to make this rule effective immediately. Regulatory Flexibility Act I certify that this regulation will not have a significant economic impact on a substantial number of small entities because the regulation only adds additional groups to the list of groups eligible for coverage under FEHB. VerDate Mar<15>2010 14:32 Nov 13, 2012 Jkt 229001 Executive Orders 13563 and 12866, Regulatory Review This rule has been reviewed by the Office of Management and Budget in accordance with Executive Orders 13563 and 12866. Federalism We have examined this rule in accordance with Executive Order 13132, Federalism, and have determined that this rule will not have any negative impact on the rights, roles and responsibilities of State, local, or tribal governments. List of Subjects in 5 CFR Parts 890 Administrative practice and procedure, Government employees, Health facilities, Health insurance, Health professions, Reporting and recordkeeping requirements, Retirement. U.S. Office Of Personnel Management. John Berry, Director. Accordingly, OPM is amending title 5, Code of Federal Regulations, Chapter I as follows: PART 890—FEDERAL EMPLOYEES HEALTH BENEFITS PROGRAM 1. The authority citation for Part 890 continues to read as follows: ■ Authority: 5 U.S.C. 8913; Sec. 890.301 also issued under sec. 311 of Pub. L. 111–03, 123 Stat. 64; Sec. 890.111 also issued under section 1622(b) of Pub. L. 104–106, 110 Stat. 521; Sec. 890.112 also issued under section 1 of Pub. L. 110–279, 122 Stat. 2604; 5 U.S.C. 8913; Sec. 890.803 also issued under 50 U.S.C. 403p, 22 U.S.C. 4069c and 4069c–1; subpart L also issued under sec. 599C of Pub. L. 101–513, 104 Stat. 2064, as amended; Sec. 890.102 also issued under sections 11202(f), 11232(e), 11246(b) and (c) of Pub. L. 105–33, 111 Stat. 251; and section 721 of Pub. L. 105– 261, 112 Stat. 2061. 2. Section 890.102 is amended by revising paragraph (i) to read as follows: ■ § 890.102 Coverage. * * * * * (i) Notwithstanding paragraphs (c)(1) through (3) of this section, upon request by the employing agency, OPM may grant eligibility to employees performing similar types of emergency response services to enroll in a health benefits plan under this part. In granting eligibility requests, OPM may limit the coverage of intermittent employees under a health benefits plan to the periods of time during which they are in a pay status. [FR Doc. 2012–27743 Filed 11–9–12; 4:15 pm] BILLING CODE 6325–63–P PO 00000 Frm 00002 Fmt 4700 Sfmt 4700 BUREAU OF CONSUMER FINANCIAL PROTECTION 12 CFR Part 1022 [Docket No. CFPB–2012–0041] RIN 3170–AA06 Fair Credit Reporting (Regulation V); Correction Bureau of Consumer Financial Protection. ACTION: Correcting amendments. AGENCY: Pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) and the Fair Credit Reporting Act (FCRA), as amended, the Bureau of Consumer Financial Protection (Bureau) published for public comment an interim final rule establishing a new Regulation V (Fair Credit Reporting) on December 21, 2011. This document corrects typographical and other technical errors in Appendices I, K, M, and N of the interim final rule, which contain model forms. DATES: These corrections are effective November 14, 2012. FOR FURTHER INFORMATION CONTACT: Monica Jackson, Bureau of Consumer Financial Protection, 1700 G Street NW., Washington, DC 20552, at (202) 435– 7000. SUPPLEMENTARY INFORMATION: SUMMARY: I. Background On December 21, 2011, the Bureau published in the Federal Register an interim final rule with request for public comment (76 FR 79307) establishing 12 CFR part 1022, Fair Credit Reporting (Regulation V), which implements the provisions of the FCRA for which the Bureau has rulemaking authority pursuant to the Dodd-Frank Act. The interim final rule includes, among other things, model forms in Appendices I (Summary of Consumer Identity Theft Rights), K (Summary of Consumer Rights), M (Notice of Furnisher Responsibilities), and N (Notice of User Responsibilities). As discussed in the SUPPLEMENTARY INFORMATION to the interim final rule, Appendices I, K, M, and N of the interim final rule were intended to substantially duplicate the Federal Trade Commission’s (FTC’s) Appendices E, F, G, and H to 16 CFR part 698, respectively, with only certain non-substantive, technical, formatting, and stylistic changes. The model forms in Appendices I, K, M, and N to the Bureau’s interim final rule contain several typographical or other technical errors. This document corrects those errors and more closely conforms the E:\FR\FM\14NOR1.SGM 14NOR1 Federal Register / Vol. 77, No. 220 / Wednesday, November 14, 2012 / Rules and Regulations emcdonald on DSK67QTVN1PROD with RULES formatting of the Bureau’s Appendices to those of the FTC. Among the corrections are the following: Appendix I contained several erroneous references to the FTC and its Web site, which have been updated in this document to refer to the Bureau and its Web site. The addresses in Appendix K for contacting the Assistant General Counsel for Aviation Enforcement and Proceedings and the Surface Transportation Board have been updated. Typographical errors in the Spanish language translation at the top of Appendices I and K have also been corrected. Appendices M and N have been updated to reflect the promulgation of guidelines and regulations addressing certain obligations of furnishers and users of consumer reports. To mitigate the impact of these changes on users of the model forms in the Bureau’s Appendices I, K, M, and N published December 21, 2011, the Bureau will regard the use of those model forms to constitute compliance with the FCRA provisions requiring such forms and will regard those forms to be substantially similar to the corrected forms published today, until further notice. The Bureau anticipates providing that further, notice along with ample time to allow for the orderly discontinuation of the December 21, 2011 model forms, when it issues a final rule to restate Regulation V in 2013. VerDate Mar<15>2010 14:32 Nov 13, 2012 Jkt 229001 II. Basis for the Corrections In issuing the Bureau’s Regulation V as an interim final rule, the Bureau found good cause to conclude that providing notice and opportunity for comment was unnecessary and contrary to the public interest. See 76 FR 79308, 79310 (Dec. 21, 2011). The Bureau also finds that there is good cause to publish these corrections without seeking public comment. See 5 U.S.C. 553(b)(B). Public comment is unnecessary because the Bureau is correcting inadvertent, technical errors about which there is minimal, if any, basis for substantive disagreement. The Bureau also finds good cause to dispense with a 30-day delay of effective date. See 5 U.S.C. 553(d). The Bureau believes that a delay is unnecessary and contrary to the public interest because the Bureau is merely making technical corrections to existing model forms. The Bureau will continue to regard the use of the model forms in the Bureau’s Appendices I, K, M, and N published December 21, 2011, to constitute compliance with the FCRA provisions requiring such forms and will regard those forms to be substantially similar to the corrected forms published today, until further notice. List of Subjects in 12 CFR Part 1022 Banks, Banking, Consumer protection, Credit unions, Fair Credit Reporting PO 00000 Frm 00003 Fmt 4700 Sfmt 4700 67745 Act, Holding companies, National banks, Privacy, Reporting and recordkeeping requirements, Savings associations, State member banks. Accordingly, 12 CFR part 1022 is amended by making the following corrections: PART 1022—FAIR CREDIT REPORTING (REGULATION V) 1. The authority citation for part 1022 continues to read as follows: ■ Authority: 12 U.S.C. 5512, 5581; 15 U.S.C. 1681a, 1681b, 1681c, 1681c–1, 1681e, 1681g, 1681i, 1681j, 1681m, 1681s, 1681s–2, 1681s– 3, and 1681t; Sec. 214, Public Law 108–159, 117 Stat. 1952. 2. Revise Appendix I to read as follows: ■ Appendix I to Part 1022—Summary of Consumer Identity Theft Rights The prescribed form for this summary is a disclosure that is substantially similar to the Bureau’s model summary with all information clearly and prominently displayed. A summary should accurately reflect changes to those items that may change over time (such as telephone numbers) to remain in compliance. Translations of this summary will be in compliance with the Bureau’s prescribed model, provided that the translation is accurate and that it is provided in a language used by the recipient consumer. BILLING CODE 4810–AM–P E:\FR\FM\14NOR1.SGM 14NOR1 Federal Register / Vol. 77, No. 220 / Wednesday, November 14, 2012 / Rules and Regulations VerDate Mar<15>2010 14:32 Nov 13, 2012 Jkt 229001 PO 00000 Frm 00004 Fmt 4700 Sfmt 4725 E:\FR\FM\14NOR1.SGM 14NOR1 ER14NO12.039</GPH> emcdonald on DSK67QTVN1PROD with RULES 67746 Federal Register / Vol. 77, No. 220 / Wednesday, November 14, 2012 / Rules and Regulations Appendix K to Part 1022—Summary of Consumer Rights emcdonald on DSK67QTVN1PROD with RULES The prescribed form for this summary is a disclosure that is substantially similar to the VerDate Mar<15>2010 14:32 Nov 13, 2012 Jkt 229001 Bureau’s model summary with all information clearly and prominently displayed. The list of Federal regulators that is included in the Bureau’s prescribed summary may be provided separately so long as this is done in a clear and conspicuous way. A summary should accurately reflect changes to those items that may change over PO 00000 Frm 00005 Fmt 4700 Sfmt 4700 time (e.g., dollar amounts, or telephone numbers and addresses of Federal agencies) to remain in compliance. Translations of this summary will be in compliance with the Bureau’s prescribed model, provided that the translation is accurate and that it is provided in a language used by the recipient consumer. E:\FR\FM\14NOR1.SGM 14NOR1 ER14NO12.040</GPH> 3. Revise Appendix K to read as follows: ■ 67747 Federal Register / Vol. 77, No. 220 / Wednesday, November 14, 2012 / Rules and Regulations VerDate Mar<15>2010 14:32 Nov 13, 2012 Jkt 229001 PO 00000 Frm 00006 Fmt 4700 Sfmt 4725 E:\FR\FM\14NOR1.SGM 14NOR1 ER14NO12.041</GPH> emcdonald on DSK67QTVN1PROD with RULES 67748 VerDate Mar<15>2010 14:32 Nov 13, 2012 Jkt 229001 PO 00000 Frm 00007 Fmt 4700 Sfmt 4725 E:\FR\FM\14NOR1.SGM 14NOR1 67749 ER14NO12.042</GPH> emcdonald on DSK67QTVN1PROD with RULES Federal Register / Vol. 77, No. 220 / Wednesday, November 14, 2012 / Rules and Regulations Federal Register / Vol. 77, No. 220 / Wednesday, November 14, 2012 / Rules and Regulations 4. Revise Appendix M to read as follows: ■ Appendix M to Part 1022—Notice of Furnisher Responsibilities emcdonald on DSK67QTVN1PROD with RULES The prescribed form for this disclosure is a separate document that is substantially similar to the Bureau’s model notice with all VerDate Mar<15>2010 14:32 Nov 13, 2012 Jkt 229001 PO 00000 Frm 00008 Fmt 4700 Sfmt 4700 information clearly and prominently displayed. Consumer reporting agencies may limit the disclosure to only those items that they know are relevant to the furnisher that will receive the notice. E:\FR\FM\14NOR1.SGM 14NOR1 ER14NO12.043</GPH> 67750 VerDate Mar<15>2010 14:32 Nov 13, 2012 Jkt 229001 PO 00000 Frm 00009 Fmt 4700 Sfmt 4725 E:\FR\FM\14NOR1.SGM 14NOR1 67751 ER14NO12.044</GPH> emcdonald on DSK67QTVN1PROD with RULES Federal Register / Vol. 77, No. 220 / Wednesday, November 14, 2012 / Rules and Regulations Federal Register / Vol. 77, No. 220 / Wednesday, November 14, 2012 / Rules and Regulations VerDate Mar<15>2010 14:32 Nov 13, 2012 Jkt 229001 PO 00000 Frm 00010 Fmt 4700 Sfmt 4725 E:\FR\FM\14NOR1.SGM 14NOR1 ER14NO12.045</GPH> emcdonald on DSK67QTVN1PROD with RULES 67752 VerDate Mar<15>2010 14:32 Nov 13, 2012 Jkt 229001 PO 00000 Frm 00011 Fmt 4700 Sfmt 4725 E:\FR\FM\14NOR1.SGM 14NOR1 67753 ER14NO12.046</GPH> emcdonald on DSK67QTVN1PROD with RULES Federal Register / Vol. 77, No. 220 / Wednesday, November 14, 2012 / Rules and Regulations Federal Register / Vol. 77, No. 220 / Wednesday, November 14, 2012 / Rules and Regulations 5. Revise Appendix N to read as follows: ■ Appendix N to Part 1022—Notice of User Responsibilities emcdonald on DSK67QTVN1PROD with RULES The prescribed form for this disclosure is a separate document that is substantially similar to the Bureau’s notice with all VerDate Mar<15>2010 14:32 Nov 13, 2012 Jkt 229001 PO 00000 Frm 00012 Fmt 4700 Sfmt 4700 information clearly and prominently displayed. Consumer reporting agencies may limit the disclosure to only those items that they know are relevant to the user that will receive the notice. E:\FR\FM\14NOR1.SGM 14NOR1 ER14NO12.047</GPH> 67754 VerDate Mar<15>2010 14:32 Nov 13, 2012 Jkt 229001 PO 00000 Frm 00013 Fmt 4700 Sfmt 4725 E:\FR\FM\14NOR1.SGM 14NOR1 67755 ER14NO12.048</GPH> emcdonald on DSK67QTVN1PROD with RULES Federal Register / Vol. 77, No. 220 / Wednesday, November 14, 2012 / Rules and Regulations Federal Register / Vol. 77, No. 220 / Wednesday, November 14, 2012 / Rules and Regulations VerDate Mar<15>2010 14:32 Nov 13, 2012 Jkt 229001 PO 00000 Frm 00014 Fmt 4700 Sfmt 4725 E:\FR\FM\14NOR1.SGM 14NOR1 ER14NO12.049</GPH> emcdonald on DSK67QTVN1PROD with RULES 67756 VerDate Mar<15>2010 14:32 Nov 13, 2012 Jkt 229001 PO 00000 Frm 00015 Fmt 4700 Sfmt 4725 E:\FR\FM\14NOR1.SGM 14NOR1 67757 ER14NO12.050</GPH> emcdonald on DSK67QTVN1PROD with RULES Federal Register / Vol. 77, No. 220 / Wednesday, November 14, 2012 / Rules and Regulations Federal Register / Vol. 77, No. 220 / Wednesday, November 14, 2012 / Rules and Regulations VerDate Mar<15>2010 14:32 Nov 13, 2012 Jkt 229001 PO 00000 Frm 00016 Fmt 4700 Sfmt 4725 E:\FR\FM\14NOR1.SGM 14NOR1 ER14NO12.051</GPH> emcdonald on DSK67QTVN1PROD with RULES 67758 VerDate Mar<15>2010 14:32 Nov 13, 2012 Jkt 229001 PO 00000 Frm 00017 Fmt 4700 Sfmt 4725 E:\FR\FM\14NOR1.SGM 14NOR1 67759 ER14NO12.052</GPH> emcdonald on DSK67QTVN1PROD with RULES Federal Register / Vol. 77, No. 220 / Wednesday, November 14, 2012 / Rules and Regulations Federal Register / Vol. 77, No. 220 / Wednesday, November 14, 2012 / Rules and Regulations VerDate Mar<15>2010 14:32 Nov 13, 2012 Jkt 229001 PO 00000 Frm 00018 Fmt 4700 Sfmt 4725 E:\FR\FM\14NOR1.SGM 14NOR1 ER14NO12.053</GPH> emcdonald on DSK67QTVN1PROD with RULES 67760 VerDate Mar<15>2010 14:32 Nov 13, 2012 Jkt 229001 PO 00000 Frm 00019 Fmt 4700 Sfmt 4725 E:\FR\FM\14NOR1.SGM 14NOR1 67761 ER14NO12.054</GPH> emcdonald on DSK67QTVN1PROD with RULES Federal Register / Vol. 77, No. 220 / Wednesday, November 14, 2012 / Rules and Regulations Federal Register / Vol. 77, No. 220 / Wednesday, November 14, 2012 / Rules and Regulations VerDate Mar<15>2010 14:32 Nov 13, 2012 Jkt 229001 PO 00000 Frm 00020 Fmt 4700 Sfmt 4725 E:\FR\FM\14NOR1.SGM 14NOR1 ER14NO12.055</GPH> emcdonald on DSK67QTVN1PROD with RULES 67762 Federal Register / Vol. 77, No. 220 / Wednesday, November 14, 2012 / Rules and Regulations [FR Doc. 2012–27581 Filed 11–13–12; 8:45 am] BILLING CODE 4810–AM–C DEPARTMENT OF TRANSPORTATION Federal Aviation Administration 14 CFR Part 39 [Docket No. FAA–2012–0546; Directorate Identifier 2012–NE–15–AD; Amendment 39– 17253; AD 2012–22–16] RIN 2120–AA64 Airworthiness Directives; Pratt & Whitney Division Turbofan Engines Federal Aviation Administration (FAA), DOT. ACTION: Final rule. AGENCY: We are adopting a new airworthiness directive (AD) for all Pratt & Whitney Division PW4050, PW4052, PW4056, PW4060, PW4060A, PW4060C, PW4062, PW4062A, PW4152, PW4156, PW4156A, PW4158, PW4160, PW4460, PW4462, and PW4650 turbofan engines, including models with any dash number suffix. This AD was prompted by 16 reports of damaged or failed 3rd stage lowpressure turbine (LPT) duct segments. This AD requires removing from service certain part numbers (P/Ns) of 3rd stage LPT duct segments. We are issuing this AD to prevent failure of the 3rd stage LPT duct segments, which could lead to LPT rotor damage, uncontained engine failure, and damage to the airplane. emcdonald on DSK67QTVN1PROD with RULES SUMMARY: VerDate Mar<15>2010 14:32 Nov 13, 2012 Jkt 229001 This AD is effective December 19, 2012. ADDRESSES: For service information identified in this AD, contact Pratt & Whitney, 400 Main St., East Hartford, CT 06108; phone: 860–565–8770; fax: 860–565–4503. You may review copies of the referenced service information at the FAA, Engine & Propeller Directorate, 12 New England Executive Park, Burlington, MA. For information on the availability of this material at the FAA, call 781–238–7125. DATES: Examining the AD Docket You may examine the AD docket on the Internet at https:// www.regulations.gov; or in person at the Docket Management Facility between 9 a.m. and 5 p.m., Monday through Friday, except Federal holidays. The AD docket contains this AD, the regulatory evaluation, any comments received, and other information. The address for the Docket Office (phone: 800–647–5527) is Document Management Facility, U.S. Department of Transportation, Docket Operations, M–30, West Building Ground Floor, Room W12–140, 1200 New Jersey Avenue SE., Washington, DC 20590. FOR FURTHER INFORMATION CONTACT: James Gray, Aerospace Engineer, Engine & Propeller Directorate, FAA, 12 New England Executive Park, Burlington, MA 01803; phone: 781–238–7742; fax: 781– 238–7199; email: james.e.gray@faa.gov. SUPPLEMENTARY INFORMATION: Register on July 11, 2012 (77 FR 40822). That NPRM proposed to require removal from service of 3rd stage LPT duct segments P/Ns 50N095; 50N095–001; 50N235; 50N235–001; 50N494–01; 50N494–001; 50N495–01; and 50N495– 001, at the next piece-part exposure after the effective date of the proposed AD. Comments We gave the public the opportunity to participate in developing this AD. The following presents the comments received on the proposal and the FAA’s response to each comment. Agreement With the Proposed AD One commenter, Boeing, agreed with the intent of the proposed AD. Request To Reference Pratt & Whitney Service Bulletin PW4ENG 72–488 One commenter, FedEx Express, requested that we add a reference to Pratt & Whitney Service Bulletin PW4ENG 72–488 for a list of the engine serial numbers affected. We assume this request was made to add clarity. We do not agree. The AD applicability is for PW4000 engines with certain P/N 3rd stage LPT duct segments installed. Although the Pratt & Whitney Service Bulletin does list engine serial numbers, it is not necessary to include this information in the AD. We did not change the AD. Discussion Conclusion We issued a notice of proposed rulemaking (NPRM) to amend 14 CFR part 39 to include an AD that would apply to the specified products. That NPRM published in the Federal We reviewed the relevant data, considered the comments received, and determined that air safety and the public interest require adopting the AD as proposed. PO 00000 Frm 00021 Fmt 4700 Sfmt 4700 E:\FR\FM\14NOR1.SGM 14NOR1 ER14NO12.056</GPH> Dated: October 31, 2012. Richard Cordray, Director, Bureau of Consumer Financial Protection. 67763

Agencies

[Federal Register Volume 77, Number 220 (Wednesday, November 14, 2012)]
[Rules and Regulations]
[Pages 67744-67763]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-27581]


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BUREAU OF CONSUMER FINANCIAL PROTECTION

12 CFR Part 1022

[Docket No. CFPB-2012-0041]
RIN 3170-AA06


Fair Credit Reporting (Regulation V); Correction

AGENCY: Bureau of Consumer Financial Protection.

ACTION: Correcting amendments.

-----------------------------------------------------------------------

SUMMARY: Pursuant to the Dodd-Frank Wall Street Reform and Consumer 
Protection Act (Dodd-Frank Act) and the Fair Credit Reporting Act 
(FCRA), as amended, the Bureau of Consumer Financial Protection 
(Bureau) published for public comment an interim final rule 
establishing a new Regulation V (Fair Credit Reporting) on December 21, 
2011. This document corrects typographical and other technical errors 
in Appendices I, K, M, and N of the interim final rule, which contain 
model forms.

DATES: These corrections are effective November 14, 2012.

FOR FURTHER INFORMATION CONTACT: Monica Jackson, Bureau of Consumer 
Financial Protection, 1700 G Street NW., Washington, DC 20552, at (202) 
435-7000.

SUPPLEMENTARY INFORMATION: 

I. Background

    On December 21, 2011, the Bureau published in the Federal Register 
an interim final rule with request for public comment (76 FR 79307) 
establishing 12 CFR part 1022, Fair Credit Reporting (Regulation V), 
which implements the provisions of the FCRA for which the Bureau has 
rulemaking authority pursuant to the Dodd-Frank Act. The interim final 
rule includes, among other things, model forms in Appendices I (Summary 
of Consumer Identity Theft Rights), K (Summary of Consumer Rights), M 
(Notice of Furnisher Responsibilities), and N (Notice of User 
Responsibilities). As discussed in the SUPPLEMENTARY INFORMATION to the 
interim final rule, Appendices I, K, M, and N of the interim final rule 
were intended to substantially duplicate the Federal Trade Commission's 
(FTC's) Appendices E, F, G, and H to 16 CFR part 698, respectively, 
with only certain non-substantive, technical, formatting, and stylistic 
changes. The model forms in Appendices I, K, M, and N to the Bureau's 
interim final rule contain several typographical or other technical 
errors. This document corrects those errors and more closely conforms 
the

[[Page 67745]]

formatting of the Bureau's Appendices to those of the FTC.
    Among the corrections are the following: Appendix I contained 
several erroneous references to the FTC and its Web site, which have 
been updated in this document to refer to the Bureau and its Web site. 
The addresses in Appendix K for contacting the Assistant General 
Counsel for Aviation Enforcement and Proceedings and the Surface 
Transportation Board have been updated. Typographical errors in the 
Spanish language translation at the top of Appendices I and K have also 
been corrected. Appendices M and N have been updated to reflect the 
promulgation of guidelines and regulations addressing certain 
obligations of furnishers and users of consumer reports.
    To mitigate the impact of these changes on users of the model forms 
in the Bureau's Appendices I, K, M, and N published December 21, 2011, 
the Bureau will regard the use of those model forms to constitute 
compliance with the FCRA provisions requiring such forms and will 
regard those forms to be substantially similar to the corrected forms 
published today, until further notice. The Bureau anticipates providing 
that further, notice along with ample time to allow for the orderly 
discontinuation of the December 21, 2011 model forms, when it issues a 
final rule to restate Regulation V in 2013.

II. Basis for the Corrections

    In issuing the Bureau's Regulation V as an interim final rule, the 
Bureau found good cause to conclude that providing notice and 
opportunity for comment was unnecessary and contrary to the public 
interest. See 76 FR 79308, 79310 (Dec. 21, 2011). The Bureau also finds 
that there is good cause to publish these corrections without seeking 
public comment. See 5 U.S.C. 553(b)(B). Public comment is unnecessary 
because the Bureau is correcting inadvertent, technical errors about 
which there is minimal, if any, basis for substantive disagreement.
    The Bureau also finds good cause to dispense with a 30-day delay of 
effective date. See 5 U.S.C. 553(d). The Bureau believes that a delay 
is unnecessary and contrary to the public interest because the Bureau 
is merely making technical corrections to existing model forms. The 
Bureau will continue to regard the use of the model forms in the 
Bureau's Appendices I, K, M, and N published December 21, 2011, to 
constitute compliance with the FCRA provisions requiring such forms and 
will regard those forms to be substantially similar to the corrected 
forms published today, until further notice.

List of Subjects in 12 CFR Part 1022

    Banks, Banking, Consumer protection, Credit unions, Fair Credit 
Reporting Act, Holding companies, National banks, Privacy, Reporting 
and recordkeeping requirements, Savings associations, State member 
banks.

    Accordingly, 12 CFR part 1022 is amended by making the following 
corrections:

PART 1022--FAIR CREDIT REPORTING (REGULATION V)

0
1. The authority citation for part 1022 continues to read as follows:

    Authority:  12 U.S.C. 5512, 5581; 15 U.S.C. 1681a, 1681b, 1681c, 
1681c-1, 1681e, 1681g, 1681i, 1681j, 1681m, 1681s, 1681s-2, 1681s-3, 
and 1681t; Sec. 214, Public Law 108-159, 117 Stat. 1952.


0
2. Revise Appendix I to read as follows:

Appendix I to Part 1022--Summary of Consumer Identity Theft Rights

    The prescribed form for this summary is a disclosure that is 
substantially similar to the Bureau's model summary with all 
information clearly and prominently displayed. A summary should 
accurately reflect changes to those items that may change over time 
(such as telephone numbers) to remain in compliance. Translations of 
this summary will be in compliance with the Bureau's prescribed 
model, provided that the translation is accurate and that it is 
provided in a language used by the recipient consumer.
BILLING CODE 4810-AM-P

[[Page 67746]]

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[[Page 67747]]


[GRAPHIC] [TIFF OMITTED] TR14NO12.040


0
3. Revise Appendix K to read as follows:

Appendix K to Part 1022--Summary of Consumer Rights

    The prescribed form for this summary is a disclosure that is 
substantially similar to the Bureau's model summary with all 
information clearly and prominently displayed. The list of Federal 
regulators that is included in the Bureau's prescribed summary may 
be provided separately so long as this is done in a clear and 
conspicuous way. A summary should accurately reflect changes to 
those items that may change over time (e.g., dollar amounts, or 
telephone numbers and addresses of Federal agencies) to remain in 
compliance. Translations of this summary will be in compliance with 
the Bureau's prescribed model, provided that the translation is 
accurate and that it is provided in a language used by the recipient 
consumer.

[[Page 67748]]

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[[Page 67749]]


[GRAPHIC] [TIFF OMITTED] TR14NO12.042


[[Page 67750]]


[GRAPHIC] [TIFF OMITTED] TR14NO12.043


0
4. Revise Appendix M to read as follows:

Appendix M to Part 1022--Notice of Furnisher Responsibilities

    The prescribed form for this disclosure is a separate document 
that is substantially similar to the Bureau's model notice with all 
information clearly and prominently displayed. Consumer reporting 
agencies may limit the disclosure to only those items that they know 
are relevant to the furnisher that will receive the notice.

[[Page 67751]]

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[[Page 67753]]


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[[Page 67754]]


[GRAPHIC] [TIFF OMITTED] TR14NO12.047


0
5. Revise Appendix N to read as follows:

Appendix N to Part 1022--Notice of User Responsibilities

    The prescribed form for this disclosure is a separate document 
that is substantially similar to the Bureau's notice with all 
information clearly and prominently displayed. Consumer reporting 
agencies may limit the disclosure to only those items that they know 
are relevant to the user that will receive the notice.

[[Page 67755]]

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[[Page 67756]]


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[[Page 67762]]


[GRAPHIC] [TIFF OMITTED] TR14NO12.055


[[Page 67763]]


[GRAPHIC] [TIFF OMITTED] TR14NO12.056


    Dated: October 31, 2012.
Richard Cordray,
Director, Bureau of Consumer Financial Protection.
[FR Doc. 2012-27581 Filed 11-13-12; 8:45 am]
BILLING CODE 4810-AM-C
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