Advisories May 14, 2021

Payment Systems: Federal Reserve Board Proposes Expansion of Regulation II Network Enablement Requirements

Our Payment Systems Team details how the Federal Reserve Board has articulated a shift in views on the permissibility of certain industry practices under Regulation II and proposed substantive modifications that would result in new compliance obligations for industry participants.

  • Prohibitions on network exclusivity and routing restrictions
  • Summary of amendments proposed in the notice of proposed rulemaking
  • Insights and analysis
Media Contact
Alex Wolfe
Communications Director

This website uses cookies to improve functionality and performance. For more information, see our Privacy Statement. Additional details for California consumers can be found here.