CFPB extends remittance transfer rule depository institutions exception and finalizes other revisions
By EsqSocial Corporation 26/08/14
The CFPB has issued a final rule that extends for five years (until July 21, 2020) the temporary exception in its remittance transfer rule that allows insured depository institutions to estimate fees and exchange rates in certain circumstances. The...
By: Ballard Spahr LLP