Bankowość · 19/03/2001

Consumer Protections for Depository Institution Sales of Insurance; Change in Effective Date

The Federal Reserve, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency are delaying the implementation of consumer protection rules for insurance sales by banks and thrifts from April 1, 2001, to October 1, 2001, due to the need for system updates and compliance training.