Bureau Also Releases Tool to Help Make Regulations Easier to Understand
WASHINGTON—(ENEWSPF)—October 22, 2013. The Consumer Financial Protection Bureau (CFPB) today published the procedures it will use in examining institutions that make remittance transfers for consumers. The Bureau is also releasing eRegulations, an online tool designed to make regulations easier to understand.
“Consumers need and deserve to have greater transparency and basic consumer protections when transferring money internationally,” said CFPB Director Richard Cordray. “Today’s examination…
