CFPB Delays Remittance Rule Effective Date

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On January 22, the CFPB announced that the effective date for its international remittance transfer rule, originally set for February 7, 2013, is delayed, and that a new effective date will be announced later this year. The CFPB recently proposed making the rule effective 90 days after proposed revisions to the rule are finalized.

Topics:  CFPB, Remittance Transfer Rule

Published In: General Business Updates, Consumer Protection Updates, Finance & Banking Updates

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