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CFPB RIN: 3170-AA22 Publication ID: Spring 2017 
Title: Prepaid Accounts Under the Electronic Fund Transfer Act (Regulation E) and the Truth in Lending Act (Regulation Z) 

Prepaid financial products are among the fastest growing types of payment instruments in the United States.  The CFPB issued a final rule in October 2016, to create comprehensive consumer protections for prepaid accounts under Regulation E, which implements the Electronic Fund Transfer Act, and Regulation Z, which implements the Truth in Lending Act. In March 2017, the CFPB proposed to delay the October 1, 2017, effective date of the prepaid accounts by six months, to April 1, 2018. The Bureau is also planning to revisit several other issues through a separate notice and comment rulemaking process.

Agency: Consumer Financial Protection Bureau(CFPB)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: Yes  Unfunded Mandates: No 
CFR Citation: 12 CFR 1005    12 CFR 1026   
Legal Authority: 15 U.S.C. 1604    15 U.S.C. 1693b   
Legal Deadline:  None
Action Date FR Cite
ANPRM  05/24/2012  77 FR 30923   
ANPRM Comment Period End  07/23/2012 
NPRM  12/23/2014  79 FR 77101   
NPRM Comment Period End  03/23/2015 
Final Rule  10/05/2016  81 FR 83934   
Final Rule Effective  10/01/2017 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: Federal, State 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Kristine Andreassen
Office of Regulations
Consumer Financial Protection Bureau
Washington, DC 20552
Phone:202 435-7700