John M. Harrelson, Attorney, Bradley Arant Boult Cummings LLP Speak at TKG's CFPB's Final Prepaid Card Rule: Maximizing Opportunities and Minimizing Risks
This event is scheduled for Wednesday, May 17, 2017 @ 12:00 PM to 1:30 PM (ET).
- Jersey City, NJ (1888PressRelease) May 05, 2017 - The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that John M. Harrelson, Attorney, Bradley Arant Boult Cummings LLP will speak at the Knowledge Group's webcast entitled: CFPB's Final Prepaid Card Rule: Maximizing Opportunities and Minimizing Risks LIVE Webcast.
For further details, 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 John M. Harrelson
John Harrelson assists various financial service providers in litigation, regulatory compliance and enforcement matters. He has actively represented financial institutions involved in lawsuits and disputes across the country in a variety of cases in both federal and state courts. His regulatory compliance practice involves assisting clients as they adapt to changes in the regulatory environment, including advising clients as they bring their operations into compliance with various obligations imposed on them by the Consumer Financial Protection Bureau (CFPB).
About Bradley Arant Boult Cummings LLP
Bradley is a national law firm with a global perspective. The firm has more than 525 attorneys serving established regional, national and international companies, emerging businesses, and individuals. Our offices-strategically located in Alabama, Florida, Mississippi, North Carolina, Tennessee, Texas and the District of Columbia-provide an extensive geographic base from which to best accommodate our clients. Recognized across the country, our attorneys serve as national, regional, and statewide counsel for clients across many industries. Clients rely on us for innovative legal services that reflect a deep understanding of their business objectives.
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
About The Knowledge Group/The Knowledge Congress Live Webcast Series
The Knowledge Group was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register for an event, please visit: http://theknowledgegroup.org/
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