Finanse i konsumenci · 23/12/2014

Bureau Proposes Amendments to Regulation E and Regulation Z for Prepaid Accounts Under EFTA and TILA

The Bureau of Consumer Financial Protection is proposing to amend Regulation E and Regulation Z to create comprehensive consumer protections for prepaid financial products, including requirements for disclosure and an alternative to periodic statements. The proposal aims to bring prepaid accounts within the scope of Regulation E and establish specific provisions for these products.