On June 11, 2009, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the National Credit Union Administration, the Office of the Comptroller of the Currency, the Office of Thrift Supervision and the Federal Trade Commission (FTC) (collectively, the Agencies) released a set of Frequently Asked Questions (FAQs) to address certain recurring questions regarding compliance with the identity theft and red flags rules (Red Flag Rules), card issuer rules regarding change of address (Card Issuer Rules), and address discrepancy rules (Address Discrepancy Rules) implementing sections 114 and 315 of the Fair and Accurate Credit Transactions Act of 2003.