Technical Specifications for Submissions to the Prepaid Account Agreements Database

March 5, 2019 CFPB, Regulation lookup 0

Title:
Technical Specifications for Submissions to the Prepaid Account Agreements Database
Subject: Prepaids
Agency: CFPB
Status: Final rule
Summary:
Beginning on April 1, 2019, prepaid account issuers are required to submit their currently-offered prepaid account agreements to the Bureau of Consumer Financial Protection(Bureau), to be posted on the Bureau’s website. The Bureau is issuing technical specificationsfor those submissions, including the URL for the website at which issuers (or their designees) can register and submit their prepaid account agreements. This document relates to a final rule published in the Federal Register on November 22, 2016, as amended on April 25, 2017 and February 13, 2018, regarding prepaid accounts under Regulations E and Z.
FR Doc:

2019-03852
Date proposed:
Comments due date:
Final rule effective date:

April 1, 2019
Rule compliance date: May 1, 2019 (Issuers must submit to the Bureau no later than this date all prepaid account agreements they offer as of April 1, 2019)
Agency release: Consumer Financial Protection Bureau Announces System for Prepaid Issuers to Submit Account Agreements
Related Reg Report item(s):

Bureau submission system open for prepaid issuer registration; first submissions due May 1 (Feb. 27)