The Consumer Financial Protection Bureau has finalized revisions to its remittance transfers rule and set October 28, 2013, as the rule’s new effective date. While not entirely eliminating the requirement for remittance...more
5/8/2013
- CFPB Disclosure Requirements Remittance Transfer Rule
Despite the urging of many industry commenters that it eliminate altogether the requirement for remittance transfer providers to disclose recipient institution fees, the CFPB chose not to go that far in the revisions to its...more
5/8/2013
- CFPB Disclosure Requirements Remittance Transfer Rule
The CFPB has issued a proposed policy under which it would exempt individual companies, on a case-by-case basis, from current federal disclosure requirements to allow those companies to test trial disclosures....more
12/17/2012
- CFPB Disclosure Requirements Exemptions
The CFPB’s latest report card on its information security system, delivered last week by the Bureau’s Office of Inspector General (OIG), indicates that the system still needs improvement....more
11/27/2012
- CFPB OIG
