News & Analysis as of

Electronic Disclosure Coronavirus/COVID-19

Verrill

DOL E-Disclosure Rule Recognizes Our New (Digital) Reality

Verrill on

The COVID-19 pandemic has forced us to find new ways to work through digital technology. Now, more than ever, an enormous percentage of our communications occur over the phone and online. The Department of Labor’s recent...more

Akerman LLP

CFPB Issues Statement on Flexible Approach to Electronic Credit Card Disclosures

Akerman LLP on

On June 3, 2020, the Consumer Financial Protection Bureau (CFPB) issued a statement announcing temporary supervisory and enforcement flexibility during the COVID-19 pandemic for credit card issuers regarding electronic...more

Ballard Spahr LLP

CFPB Issues Statement On Electronic Credit Card Disclosures In Light Of COVID-19 Pandemic

Ballard Spahr LLP on

The CFPB has issued a statement regarding its supervisory and enforcement practices in connection with the electronic provision of certain credit card disclosures during the pandemic that are required by Regulation Z to be...more

Morrison & Foerster LLP

CFPB Issues Statement On Supervisory And Enforcement Practices Regarding Electronic Credit Card Disclosures In Light Of The...

On June 3, 2020, the Consumer Financial Protection Bureau (CFPB) issued a Statement on Supervisory and Enforcement Practices Regarding Electronic Credit Card Disclosures in Light of the COVID-19 Pandemic (“Statement”) under...more

Foley & Lardner LLP

The Department of Labor Speaks - New Safe Harbor and COVID-19 Guidance for Retirement Plan Electronic Disclosures

Foley & Lardner LLP on

Bottom Line: The Department of Labor (DOL) has released new guidance for retirement plans to meet their ERISA disclosure obligations: an additional safe harbor for electronic disclosure of retirement plan ERISA-required...more

Akerman LLP

CFPB Issues FAQs Regarding Credit Cards, Prepaid, and Deposit Accounts

Akerman LLP on

On May 13, 2020, the Consumer Financial Protection Bureau (CFPB) issued two sets of FAQs. The first set of FAQs is directed to providers of checking, savings, and prepaid accounts. The second set of FAQs is directed to...more

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