Advisories October 12, 2022

Payment Systems: Federal Reserve Board Adopts Final Rule to Amend Regulation II

Our Payment Systems Team details how the Federal Reserve’s Regulation II Final Rule clarifies many of the interpretive concerns from the May 2021 notice of proposed rulemaking and narrows the substantive concerns raised by industry participants during the notice-and-comment period.

  • The amendments to Regulation II in the Final Rule
  • Noteworthy changes between the amendments proposed in the NPRM and the amendments adopted in the Final Rule
  • Initial insights and analysis on the practical implications of the Final Rule
Media Contact
Alex Wolfe
Communications Director

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