Regulatory Developments Comment Due Date Final Effective Date To Do
March 21, 2016 Interagency Guidance on Applying Customer Identification Program
Requirements to Holders of Prepaid Cards.
http://www.occ.treas.gov/news-issuances/news-releases/2016/nr-ia-2016-31.
html
X March 21, 2016
June 27, 2016 Bureau proposed amendments to the Annual Privacy Notice
Requirements under the Gramm-Leach-Bliley Act.
http://www.consumerfinance.gov/policy-compliance/rulemaking/rules-under-development/
August 10,
2016
Other
November 28, 2016 Bureau Compliance Bulleting 2016-03—Detecting and Preventing
Consumer Harm from Production Incentives
https://s3.amazonaws.com/files.consumerfinance.gov/f/documents/201611_
cfpb_Production_Incentives_Bulletin.pdf
X November 28, 2016
November 7, 2016 Federal Financial Institutions Examination Council (FFIEC) revision to
the existing Uniform Interagency Consumer Compliance Rating System.
https://www.ffiec.gov/press/pr110716.htm
X March 31, 2017
October 5, 2016 Bureau consumer protections for prepaid accounts under Regulation E,
which implements the Electronic Fund Transfer Act and Regulation Z, which implements
the Truth in Lending Act; and the official interpretations to those regulations.
http://www.consumerfinance.gov/policy-compliance/rulemaking/final-rules/
prepaid-accounts-under-electronic-fund-transfer-act-regulation-e-and-truth-lending-act-regulation-z/
X October 1, 2017
November 17, 2016 Bureau request for information regarding consumer access to
financial records pursuant to the Dodd-Frank Act.
http://www.consumerfinance.gov/policy-compliance/notice-opportunities-comment/open-notices/request-information-regarding-consumer-access-financial-records/
90 days after
publication in
the Federal
Register
October 19, 2016 FRB, FDIC, and OCC Advanced Notice of Proposed Rulemaking on
Enhanced Cyber Risk Management Standards.
https://www.fdic.gov/news/news/press/2016/pr16092.html
January 17,
2017
May 24, 2016 Bureau proposed regulations governing Arbitration Agreements in
contracts for consumer financial product and services.
http://www.consumerfinance.gov/policy-compliance/rulemaking/rules-under-development/arbitration-agreements/
August 22,
2016
Regulatory Developments Cutoff Date: January 20, 2017. Please note the Major Regulatory Developments list does not
include routine announcements such as HMDA data availability, CRA and Regulation Z annual threshold adjustments.
Please refer to www.consumerfinance.gov/the-bureau/, your institution’s prudential regulator, or the interagency website
www.ffiec.gov for such updates.
