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CFPB Aims To Extend Grace Period On Transfer Fee Reporting

By Zachary Zagger (April 15, 2014, 7:39 PM EDT) -- The Consumer Financial Protection Bureau wants to extend a grace period allowing federally insured financial institutions to estimate third-party fees to comply with the reporting requirements of its rule on international monetary transfers, the agency said in its notice of revisions to its proposed rule on Tuesday....

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