Countdown to the CARD ACT: Clock to Speed Up?
Reg Z Compliance dates already accelerated by the CARD Act may be moved up to December of this year with passage of the ‘‘Expedited CARD Reform for Consumers Act of 2009.”
Reg Z Compliance dates already accelerated by the CARD Act may be moved up to December of this year with passage of the ‘‘Expedited CARD Reform for Consumers Act of 2009.”
For card issuers already struggling with portions of the Act that go into effect this week (see Countdown to the CARD Act Part One) the clock is ticking to get all of these changes designed, coded and tested in advance of the February 2010 deadline. I’ve summarize the key content and formatting changes to each type of document below.