The Knowledge Group Has Scheduled a Live Webcast on CFPB's Final Prepaid Card Rule: Maximizing Opportunities and Minimizing Risks

Top Quote This event is scheduled on Wednesday, May 17, 2017 @ 12:00 PM to 1:30 PM (ET). End Quote
  • Jersey City, NJ (1888PressRelease) May 12, 2017 - The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, announced today that it has scheduled a live webcast entitled: CFPB's Final Prepaid Card Rule: Maximizing Opportunities and Minimizing Risks LIVE Webcast.

    Event Synopsis:
    On October 5, 2016, the Consumer Financial Protection Bureau (CFPB) released the final rule regulating prepaid card accounts. The new rule will extend the protection of Regulation E, which implements the Electronic Fund Transfer Act, to prepaid cards and similar products. It will also expand the scope of Regulation Z, which implements the Truth in Lending Act, to cover overdraft credit features on prepaid accounts. Most provisions of the final rule will take effect on October 1, 2017, though the requirement to submit prepaid account agreements to the CFPB will take effect in October 2018.

    The Knowledge Group has assembled a panel of key thought leaders to discuss the CFPB's final prepaid card rule and its practical implications to prepaid card retailers and issuers. They will also offer best practices to ensure compliance with the final rule.

    In this LIVE Webcast, the speakers will discuss:
    Scope of the CFPB's Final Prepaid Card Rule
    Definition of "Prepaid Account"
    Disclosure Requirements
    Submission and Posting of Prepaid Account Agreements
    Requirements for Prepaid Accounts with Overdraft and Credit Features
    Prohibition on Compulsory Use
    Dispute Resolution and Consumer Liability
    Practical Implications
    Best Compliance Practices

    Speakers/Faculty Panel:
    James W. McGarry
    Partner
    Goodwin Procter LLP

    Kimberly Monty Holzel
    Attorney
    Goodwin Procter LLP

    Nathan Viebrock
    Attorney
    Bradley Arant Boult Cummings LLP

    For an updated list of the faculty panel, please visit:
    https://www.theknowledgegroup.org/webcasts/tax-accounting-finance/commercialconsumer-law/cfpbs-final-prepaid-card-rule-maximizing-opportunities-and-minimizing-risks-live-webcast

    About The Knowledge Group/The Knowledge Congress Live Webcast Series
    The Knowledge Group brings together the world's leading authorities and industry participants through informative two-hour webcasts that study the impact of changing regulations and help businesses succeed through proper regulatory compliance.

    Visit http://theknowledgegroup.org/ for further information and inquiry.

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