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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 is revisiting in a separate notice and comment rulemaking process. Based on feedback received by the Bureau through its outreach efforts to industry regarding implementation of the 2016 rule as well as in comments received on a separate rulemaking to extend the rule’s general effective date, the Bureau proposed to amend several provisions of the Prepaid Accounts Rule. Those issues relate to error resolution and limitations on liability for prepaid accounts where the financial institution has not completed its consumer identification and verification process; application of the rule’s credit-related provisions to digital wallets that are capable of storing funds; certain other clarifications and minor adjustments; and two issues relating to the effective date of the rule.