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#2231766 - 02/26/20 06:04 PM Reg CC Changes and RDC
OnTheEdge Offline
Diamond Poster
Joined: Apr 2002
Posts: 1,677
SmallTown, USA
My understanding, currently Reg CC doesn't cover RDC. Anything in the new rules that would change that? Our banker's assoc. is promoting a webinar entitled "Reg CC Changes and RDC" (or something close to that).
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Deposits and Payments
#2231771 - 02/26/20 06:29 PM Re: Reg CC Changes and RDC OnTheEdge
David Dickinson Offline
10K Club
David Dickinson
Joined: Nov 2000
Posts: 18,762
Central City, NE
I'm not aware of any changes to RDC with the 7/1/2020 changes.
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David Dickinson
http://www.bankerscompliance.com

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#2231784 - 02/26/20 07:13 PM Re: Reg CC Changes and RDC David Dickinson
OnTheEdge Offline
Diamond Poster
Joined: Apr 2002
Posts: 1,677
SmallTown, USA
Thanks David.
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#2231863 - 02/27/20 02:32 PM Re: Reg CC Changes and RDC OnTheEdge
Adam Witmer Offline
Power Poster
Joined: Sep 2010
Posts: 2,572
I've seen that same webinar advertised and I'm pretty sure they are pulling in the 2018 endorsement rules into the webinar, along with the 2019 final rule (due July 1, 2020) relating to the transaction thresholds. As David said, the July 1, 2020 changes don't relate to RDC (but the 2018 changes did).
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Adam Witmer, CRCM

All statements are my opinion, not those of my employer, and should not be taken as legal advice.
www.compliancecohort.com

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