Aug 12, 2019
At last! On June 24, 2019, the CFPB and the Federal Reserve Board jointly published amendments to Regulation CC that will adjust for inflation the amount of funds depository institutions must make available to accountholders. The compliance date for the adjusted amounts is July 1, 2020; however, certain technical amendments go into effect 60 days after publication in the Federal Register.
With systems to update, disclosures to change, and staff to train, those deadlines will be here before you know it! Join us to ensure proper preparation, implementation, and deadline compliance. You will be provided with a treasure trove of tools and examples to make these changes smooth sailing.