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MoFo Reenforcement The Enforcement Blog

Tag Archives: Regulation E

CFPB Unveils Prototype Model Forms for Overdraft

Posted in CFPB

On August 4, 2017, the CFPB released four “prototype” model overdraft disclosure forms styled under its “Know Before You Owe” initiatives with a press release. The CFPB said the forms were designed to clarify the risks and costs of overdraft coverage for consumers. The press release and forms were accompanied by a report entitled Data Point:… Read More

#ThrowbackThursday: CFPB Uses Novel Interpretation, Increases Compliance Burden for Gift Card Issuers Through its First Preemption Determination

Posted in CFPB

In April 2013, Morrison & Foerster published the client alert “CFPB Uses Novel Interpretation, Increases Compliance Burden for Gift Card Issuers Through its First Preemption Determination.” Summary: On April 19, 2013, the CFPB announced it was making a determination to preempt a provision of Tennessee unclaimed property law that it deemed inconsistent with the federal… Read More

Webinar: Digital Wallets, Mobile Payments and the CFPB’s Prepaid Proposal

Posted in CFPB, Events, Mobile Payments

Wednesday, July 15, 2015 12:00 p.m. – 1:00 p.m. EDT West LegalEdcenter Webinar On December 23, 2014, the CFPB published its long-awaited proposal to regulate prepaid cards (the “Proposed Rule”). The Proposed Rule is expansive in scope and would regulate as “prepaid accounts” certain digital wallet products, person-to-person (P2P) payment functionality and potentially person-to-business (P2B)… Read More