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Verified Person News

New Forms Required by the CFPB

The Consumer Financial Protection Board (CFPB) issued regulations that call for the revision of three critical forms required by the Fair Credit Reporting Act (FCRA) used in the background screening process. The new regulations require that employers and consumer reporting agencies (CRAs) begin using the new forms no later than Jan. 1, 2013. The updates reflect the transfer of responsibility for interpreting the FCRA from the Federal Trade Commission (FTC) to the CFPB. For additional information or examples of the updated forms: see the FCRA Summary of Rights document or call Verified Person customer support.

New Guidance from the EEOC
On April 25, 2012, the U.S. Equal Employment Opportunity Commission issued its Enforcement Guidance on the Consideration of Arrest and Conviction Records in Employment Decisions Under Title VII of the Civil Rights Act of 1964, as amended, 42 U.S.C. § 2000e. For more information on how Verified Person can help your organization lower your risk and stay compliant, give us a call.