17-EA-16: CFPB - Amendments to Rules Concerning Prepaid Accounts

On June 29, 2017, the Consumer Financial Protection Bureau (CFPB) issued a proposed rule to amend substantive aspects of its 2016 Prepaid Accounts Final Rule. The amendments address error resolution procedures and limitations on liability for prepaid accounts, described in Regulation E, and include an exception in Regulation Z for certain types of digital wallet arrangements.

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