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Bankowość centralna · 27/11/2015

Consumer Leasing Regulation M Amendments: Final Rules Published

The Federal Reserve Board and the Consumer Financial Protection Bureau are publishing final rules amending the official interpretations and commentary for the Consumer Leasing Act, which requires the annual adjustment of the dollar threshold for exempt consumer leases based on the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). The exemption threshold will remain at $54,600 through December 31, 2016, due to the annual percentage decrease in CPI-W as of June 1, 2015.

Source: Federal Register — Federal ReserveOpen original release →