Infosight Compliance Calendar 

May 2013
•    May 3: CFPB 12 CFR 1026.51 Truth in Lending Ability to Repay Revisions for consumers over age 21

June 2013
•    June 1: CFPB 12 CFR 1026 Escrow Requirements under the Truth in Lending Act (Regulation Z) Change
•    June 1: CFPB 12 CFR 1026(h) & (i) Mortgage Loan Originator Compensation Rule Change - Effective
•    June 1: Prohibition on Mandatory Arbitration Agreements in Real Estate Contracts
•    DELAYED  June 1: Prohibition on Financing Single Credit Premium Insurance Products
•    June 11: New Requirements to Evaluate Investment and Counterparty transactions, removing use of credit ratings from NCUA’s Regulations
•    June 28: Final Garnishment Rules Effective

July 2013
•    July 1: FinCEN Electronic Filing Required for FBAR Reports/Notices
•    July 1: FTC - Final COPPA Rule
•    July 1: Uniform Commercial Code (UCC) Article 9 Changes
•    July 25: NCUA Loan Participation Rule Effective

October 2013
•    Oct. 28: International Remittance Transfer Rule Effective
•    Oct. 31: Credit Card Quarterly Agreement Submission Due to CFPB (10,000 or more open credit card accounts)

November 2013
•    Nov. 4: Truth in Lending Independent Ability Repay Revisions for members over 21 (Credit Unions were provided 6 months to comply – effective date was May 3)