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Remittance Transfer Rule Consumer Financial Protection Bureau (CFPB) Banks

Ballard Spahr LLP

CFPB extends remittance transfer rule depository institutions exception and finalizes other revisions

Ballard Spahr LLP on

The CFPB has issued a final rule that extends for five years (until July 21, 2020) the temporary exception in its remittance transfer rule that allows insured depository institutions to estimate fees and exchange rates in...more

Goodwin

CFPB Proposes to Extend Temporary Exemption under Remittance Transfer Rule

Goodwin on

The CFPB proposed revisions to its remittance transfer rule finalized and amended several times. The proposal would amend the remittance rule to extend a temporary exemption and make additional clarifications to the rule. The...more

Ballard Spahr LLP

CFPB proposes extension of remittance transfer rule depository institution exception and other revisions

Ballard Spahr LLP on

The CFPB has issued a proposal to extend for five years the temporary exception in its remittance transfer rule that allows insured depository institutions to estimate fees and exchange rates in certain circumstances. The...more

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