Prepaid Accounts Under Electronic Fund Transfer ACT and Truth in Lending ACT (Us Consumer Financial Protection Bureau Regulation) (Cfpb) (2018 Edition)

Download or read book Prepaid Accounts Under Electronic Fund Transfer ACT and Truth in Lending ACT (Us Consumer Financial Protection Bureau Regulation) (Cfpb) (2018 Edition) written by The Law The Law Library and published by Createspace Independent Publishing Platform. This book was released on 2018-06-18 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prepaid Accounts Under Electronic Fund Transfer Act and Truth in Lending Act (US Consumer Financial Protection Bureau Regulation) (CFPB) (2018 Edition) The Law Library presents the complete text of the Prepaid Accounts Under Electronic Fund Transfer Act and Truth in Lending Act (US Consumer Financial Protection Bureau Regulation) (CFPB) (2018 Edition). Updated as of May 29, 2018 The Bureau of Consumer Financial Protection (Bureau) is amending Regulation E, which implements the Electronic Fund Transfer Act, and Regulation Z, which implements the Truth in Lending Act, and the official interpretations to those regulations. This rulemaking relates to a final rule published in the Federal Register on November 22, 2016, as amended on April 25, 2017, regarding prepaid accounts under Regulations E and Z. The Bureau is finalizing modifications to several aspects of that rule, including with respect to error resolution and limitations on liability for prepaid accounts where the financial institution has not successfully 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; technical corrections; and an extension of the overall effective date to April 1, 2019. This book contains: - The complete text of the Prepaid Accounts Under Electronic Fund Transfer Act and Truth in Lending Act (US Consumer Financial Protection Bureau Regulation) (CFPB) (2018 Edition) - A table of contents with the page number of each section