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#1837609 - 07/30/13 02:59 PM cfpb's small entity guide
Trees Offline
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cfpb published a guide in October, 2012. Did they update the guide (or will they) in view of some of the changes recently made to the original rule?
Last edited by Trees; 07/30/13 02:59 PM.
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Remittance Transfer Rule
#1837684 - 07/30/13 04:32 PM Re: cfpb's small entity guide Trees
John Burnett Offline
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As often as I work with this rule, I have not looked at the Small Entity Guide in a while. And the absolute rats nest called the CFPB website does not help me find it. I finally resorted to finding the "Remittances" blog entries (there are seven of them) and scrolled through them to find the one that included the link to the Guide.

It appears the Guide has not been updated since October, when it came out. Whether there will be an updated version is anyone's guess.
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#1837695 - 07/30/13 04:58 PM Re: cfpb's small entity guide Trees
Trees Offline
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That's what I thought too but, like you, I tried to find confirmation of that on the "nest" and couldn't. We're using your overview as wel, John. Glad you put in examples. Sometimes that is the best way to go with webinars. Nice selection of examples.

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#1837697 - 07/30/13 05:02 PM Re: cfpb's small entity guide Trees
mtngrrl Offline
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This link has become my lifesaver--it's a chart with links to all the rules, proposals, and entity guides on the cfpb website:

http://www.consumerfinance.gov/mortgage-rules-at-a-glance/
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#1837742 - 07/30/13 06:21 PM Re: cfpb's small entity guide Trees
John Burnett Offline
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That link works wonderfully, mtngrrl, if you're looking for things involving the mortgage rules. But Trees and I were in search of a Small Entity Guide to the Remittance Transfer rule, and the only link to it that I can find on the CFPB site is one tucked away in the Bureau's October 2012 Blog entry announcing the Guide.
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#1837758 - 07/30/13 06:32 PM Re: cfpb's small entity guide Trees
mtngrrl Offline
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Oops--sorry. Didn't realize it didn't include the remittance rules on that page. How rude! (And inattentive of me...)
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#1839033 - 08/02/13 06:05 PM Re: cfpb's small entity guide Trees
John Burnett Offline
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Good news. I dropped a note to the Bureau a couple of days ago. I just got a telephone call from them to let me know they are working on an update to this Guide, and we should see it within the next couple of weeks.

I will be watching for it, and will spread the word in our Top Stories and Compliance Briefing when it's announced.
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#1841285 - 08/09/13 06:12 PM Re: cfpb's small entity guide John Burnett
BeachGirl Offline
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Thanks for all of your help!

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