Today the Bureau proposed a rule that would allow it to supervise certain nonbank international money transfer providers for the first time. The proposed...
Chairman Johnson, Ranking Member Crapo, and Members of the Committee, thank you for inviting me to testify today about the fourth Semi-Annual Report of the...
Multilingual Multimedia Campaign Focuses on Transparency and New Protections The Bureau is launching a nationwide multimedia campaign to inform consumers...
The Bureau today published the procedures it will use in examining institutions that make remittance transfers for consumers. The Bureau is also releasing...
The remittance rule creates a comprehensive consumer protection regime for remittance transfers sent by consumers in the United States to individuals and...
Today's proposal builds on a final rule on international money transfers that was published by the Bureau on February 7, 2012, and later supplemented on...
The rule implements new protections under the Dodd-Frank Wall Street Reform and Consumer Protection Act that require remittance transfer providers to...
Under the new rule, remittance transfer providers will generally be required to disclose the exchange rate and all fees associated with a transfer so that...
A report released today by the Bureau recommends principles for maximizing consumers' ability to receive and use exchange rate information when making...