Finanse i konsumenci · 08/12/2021

U.S. Bureau of Consumer Financial Protection Amends Regulation Z to Facilitate LIBOR Transition

The U.S. Bureau of Consumer Financial Protection is amending Regulation Z to address the impending discontinuation of the London Interbank Offered Rate (LIBOR) by June 2023, allowing creditors to transition existing accounts using LIBOR to replacement indices, while also addressing change-in-terms notice provisions and rate reevaluation provisions for home equity lines of credit and credit card accounts.