Regulation E: Remittance Rule Compliance

• Overview

Understand the purpose and scope of the different regulatory requirements under Regulation E.The Electronic Fund Transfer Act (EFTA) establishes certain protections for consumers sending international money transfers or remittance transfers. The Bureau of Consumer Financial Protection's (Bureau) remittance rule in Regulation E (Remittance Rule or Rule) implements these protections. This course will go through the different components of Regulation E, discussing the protections, regulatory environment, enforcement, and having the right compliance program. If you are new to Regulation E, this course is a must-have. If not, this is a great refresher.

Authors

Agenda

Regulation E: Remittance Rule

• Background

• Scope

EFT Protections

• Which Electronic Fund Transfers Are Protected?

- Types

• What Is Not Protected?

- Types

Institution Requirements

• Background

• Disclosures

Electronic Signatures in Global and National Commerce Act

• Background

• Scope

Regulatory