United States Government Publishing Office publisher pbl distributor dst United States National Archives and Records Administration Office of the Federal Register author aut Government Organization text government publication eng FR Regulatory Information 2018_register executive 2018-02-13 article Part III Rules and Regulations D09002ee1c7ebdf30 D09002ee1c7ebe0f2 United States Bureau of Consumer Financial Protection originator org United States Government Agency or Subagency The Bureau of Consumer Financial Protection (Bureau) is amending Regulation E, which implements the Electronic Fund Transfer Act, and Regulation Z, which implements the Truth in Lending Act, and the official interpretations to those regulations. This rulemaking relates to a final rule published in the Federal Register on November 22, 2016, as amended on April 25, 2017, regarding prepaid accounts under Regulations E and Z. The Bureau is finalizing modifications to several aspects of that rule, including with respect to error resolution and limitations on liability for prepaid accounts where the financial institution has not successfully completed its consumer identification and verification process; application of the rule's credit-related provisions to digital wallets that are capable of storing funds; certain other clarifications and minor adjustments; technical corrections; and an extension of the overall effective date to April 1, 2019. 83 FR 6364 https://www.govinfo.gov/app/details/FR-2018-02-13/2018-01305 2018-01305 fr13fe18-13 RIN 3170-AA72 4810-AM-P Docket No. CFPB-2017-0015 https://www.govinfo.gov/app/details/FR-2018-02-13/2018-01305 https://www.govinfo.gov/content/pkg/FR-2018-02-13/html/2018-01305.htm https://www.govinfo.gov/content/pkg/FR-2018-02-13/pdf/2018-01305.pdf Automated Teller Machines Banking Banks Consumer Protection Credit Unions Electronic Fund Transfers National Banks Remittance Transfers Reporting and Recordkeeping Requirements Savings Associations Advertising Appraisal Appraiser Credit Mortgages Truth in Lending 86 p. 6364 6449 83 FR 6364 Title 12 Part 1005 12 CFR Part 1005 Title 12 Part 1026 12 CFR Part 1026 RIN 3170-AA72 Rules Concerning Prepaid Accounts Under the Electronic Fund Transfer Act (Regulation E) and the Truth in Lending Act (Regulation Z); Federal Register Vol. 83, Issue RULE 2018-01305 III BUREAU OF CONSUMER FINANCIAL PROTECTION 2019-04-01 Docket No. CFPB-2017-0015 4810-AM-P 2018-01305 Final rule; official interpretation; delay of effective date.

The Bureau of Consumer Financial Protection (Bureau) is amending Regulation E, which implements the Electronic Fund Transfer Act, and Regulation Z, which implements the Truth in Lending Act, and the official interpretations to those regulations. This rulemaking relates to a final rule published in the Federal Register on November 22, 2016, as amended on April 25, 2017, regarding prepaid accounts under Regulations E and Z. The Bureau is finalizing modifications to several aspects of that rule, including with respect to error resolution and limitations on liability for prepaid accounts where the financial institution has not successfully completed its consumer identification and verification process; application of the rule's credit-related provisions to digital wallets that are capable of storing funds; certain other clarifications and minor adjustments; technical corrections; and an extension of the overall effective date to April 1, 2019.

The amendments in this final rule are effective on April 1, 2019. The effective date of the final rule published on November 22, 2016 (81 FR 83934), as delayed on April 25, 2017 (82 FR 18975), is further delayed from April 1, 2018 to April 1, 2019. The effective date of the final rule published on April 25, 2017 (82 FR 18975), is delayed from April 1, 2018 to April 1, 2019. The effective date for the addition of Sec. 1005.19(b), published on November 22, 2016 (81 FR 83934), as confirmed on April 25, 2017 (82 FR 18975), is delayed from October 1, 2018 to April 1, 2019. Yaritza Velez, Counsel, and Kristine M. Andreassen, Krista Ayoub, and Thomas L. Devlin, Senior Counsels, Office of Regulations, at 202-435-7700 or https:// reginquiries.consumerfinance.gov/. Automated Teller Machines Banking Banks Consumer Protection Credit Unions Electronic Fund Transfers National Banks Remittance Transfers Reporting and Recordkeeping Requirements Savings Associations Advertising Appraisal Appraiser Credit Mortgages Truth in Lending Prepaid Accounts Under Electronic Fund Transfer Act and Truth in Lending Act , fdic.gov/deposit/deposits/prepaid.html http://files.consumerfinance.gov/f/201411_cfpb_study-of-prepaid-account-agreements.pdf http://www.regulations.gov https://reginquiries.consumerfinance.gov/ https://www.consumerfinance.gov/documents/4776/201411_cfpb_ https://www.consumerfinance.gov/policy-compliance/guidance/implementation-guidance/prepaid-rule/ https://www.irs.gov/government-entities/federal-state-local-governments/tax-benefit-for-disability-irc-section-529a https://www.irs.gov/newsroom/529-plans-questions-and-answers Vol. 83, no. 30 Office of the Federal Register, National Archives and Records Administration 2018-02-13 continuing daily deposited born digital 351 p. Table of Contents: AE 2.7: GS 4.107: AE 2.106: KF70.A2 https://www.govinfo.gov/app/details/FR-2018-02-13 P0b002ee1986327ad 0097-6326 0042-1219 0364-1406 769-004-00000-9 000582072 f:fr13fe18 https://www.govinfo.gov/app/details/FR-2018-02-13 https://www.govinfo.gov/content/pkg/FR-2018-02-13/pdf/FR-2018-02-13.pdf https://www.govinfo.gov/content/pkg/FR-2018-02-13/xml/FR-2018-02-13.xml fdlp 6107 6449 DGPO 2018-02-13 2024-06-01 FR-2018-02-13 machine generated eng FR FR-2018-02-13 83 30