JEWELERS - PREVENT IDENTITY THEFT
February 27, 2011
ORDER JVC's Red Flags Rule Compliance Kit Today Sponsored by GE Money
FTC REQUIRES A WRITTEN IDENTITY THEFT PREVENTION PROGRAM
FOR ALL JEWELERS WHO EXTEND CREDIT
JVC's Members Price - $55 (including S&H) JVC's Non-Members Price - $105 (including S&H)
Association Members May Also Receive a Discount!
JBT, AGS, DDC/NYC, AGTA and NCJA members who do not belong to JVC
are eligible to purchase Red Flags Rule Compliance Kit at a discount.
Association members’ price now only $90
Association Members: Please click on the
appropriate link below for ordering information.
(All sales are final.)
JVC's Red Flags Rule Compliance Kit on CD, sponsored by GE Money, was created in the same format as JVC's PATRIOT Act Compliance Kit. JVC's Red Flags Rule Compliance Kit includes easy-to-use forms, templates and guidance on a CD for jewelers to develop their own Red Flags Rule Identity Theft Prevention Program.
JVC's Kit includes step-by-step templates covering a variety of topics, such as:
- who must establish a Red Flags program
- what accounts are covered by the Red Flags program
- how the Red Flags rule fits with other data security measures currently in place
- administering the program and educating staff
- and more.
Creditors Must Comply - Under the law, companies that offer credit to their customers, either though:
- in -house financing,
- branded credit card programs
- or any other credit arrangement
are covered by the rule, depending on how the credit arrangements are implemented. This can include companies that sell using "memo."
Note: Jewelry businesses that only accept credit cards as a form of payment are not considered creditors and therefore do not have compliance obligations.
The rules requires covered businesses to establish a written program designed to detect "red flags" indicating an identity thief at work, and to put in place a program to prevent such criminal activity. This program must be integrated into the daily operations of your business and can be tailored to the risks your credit program presents.
Jewelers can purchase JVC's Red Flags Rule Compliance Kit. JVC members' price is $55; non-members' price is $105. Shipping and handling included in both kit prices.
JVC members always receive deep discounts on JVC products and services.
JVC's expert legal compliance team will be available to answer jewelers' questions.