In April 2020, the IRS began rolling out Economic Impact Payments (EIP) as a result of the CARES Act that provides economic relief to Americans in light of the coronavirus ...
The Consumer Financial Protection Bureau ("Bureau") issued a final rule amending the Remittance Rule of the Electronic Fund Transfer Act. As part of the final rule, the Bureau is amending ...
The Consumer Financial Protection Bureau (Bureau) released a statement and FAQs on payments and deposit rules related to the COVID-19 pandemic. The Bureau encourages financial institutions to continue to assist ...
The Consumer Financial Protection Bureau (CFPB) has issued a Compliance Aid containing three (3) Frequently Asked Questions (FAQs) related to open-end, not home-secured, lending in light of the Covid-19 pandemic. ...
In light of COVID-19, the Federal Reserve released an interim rule to Regulation D on April 24, 2020 suspending the 6 per month limit on savings deposits. In March, the ...