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CFPB | RIN: 3170-AA72 | Publication ID: Spring 2017 |
Title: ●Amendments to Rules Concerning Prepaid Accounts Under the Electronic Fund Transfer Act (Regulation E) and the Truth in Lending Act (Regulation Z) | |
Abstract:
In October 2016, the Bureau issued a final rule governing Prepaid Accounts Under the Electronic Fund Transfer Act (Regulation E) and the Truth in Lending Act (Regulation Z). Through its outreach to industry and other stakeholders to understand their experiences in implementing the Prepaid Accounts Final Rule, the Bureau has identified two issues which it plans to revisit in a separate notice and comment rulemaking process. Those issues relate to the linking of credit cards into digital wallets that are capable of storing funds and to error resolution for unregistered prepaid accounts. The Bureau is continuing to evaluate other concerns raised by industry, and may address other topics as well in its forthcoming proposal. |
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Agency: Consumer Financial Protection Bureau(CFPB) | Priority: Substantive, Nonsignificant |
RIN Status: First time published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
Major: Undetermined | Unfunded Mandates: Undetermined |
CFR Citation: Not Yet Determined (To search for a specific CFR, visit the Code of Federal Regulations.) | |
Legal Authority: 15 U.S.C. 1604 15 U.S.C. 1693b |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: Federal, State |
Federalism: Undetermined | |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Related RINs: Related to 3170-AA22, Related to 3170-AA69 | |
Agency Contact: Kristine Andreassen Office of Regulations Consumer Financial Protection Bureau Washington, DC 20552 Phone:202 435-7700 |