Remittance Rule Session
We held a live session on October 16th to talk about the new requirements for remittance transfer providers.
The rule to implement the consumer protections created by the Dodd-Frank Act for certain electronic transfers of funds to other countries – the remittance rule – will go into effect on February 7, 2013.
You can read CFPB Director Richard Cordray’s full remarks and see the remittance rule presentation slides from the event.
If you missed the event, you can watch below: