Industry Laws

This law limits interest rates and charges assessable on military personnel and their dependents.

U.S. persons are prohibited from doing business with persons and organizations on the list.

This law requires the disclosure of credit terms in consumer credit transactions.

This law restricts the sharing of non-public personal information with unaffiliated third parties and requires care in the disposal of consumer information.

This legislation requires U.S. financial institutions to collaborate with the U.S. government in cases of suspected money laundering and fraud.

NACHA creates broadly adopted payment rules and standards for direct consumer, business, and government payments.

This law bars discrimination in consumer credit transactions based on gender, age, marital status, ethnicity, national origin, religious preferences, or receipt of public assistance income.

This law seeks to protect consumers from unfair billing practices and to provide a mechanism for addressing billing errors in “open end” credit accounts.

This law seeks to eliminate abusive practices in the collection of consumers’ debts, to promote fair debt collection, and to provide consumers with an avenue for disputing and obtaining validation of debt information to ensure the information’s accuracy.

This law provides a basic framework to establish the rights, liabilities, and responsibilities of participants in electronic fund remittance transfer systems.

This law restricts telemarketing communications via voice calls, SMS texts, and fax.

Enforced by the Federal Trade Commission (FTC) and the Consumer Financial Protection Bureau, this law created privacy rights and requires privacy notices to the consumer.

This rule explains and implements provisions of GLBA privacy rights.

Applicable to all credit lenders, this law, among other provisions, allows the FBI to search financial records without a court order.

This rule explains and implements provisions of GLBA safeguards for consumers’ non-public personal information.

This law implements an income/expense screening mechanism intended to ensure that debtors repay creditors to the maximum extent they can afford.

This rule implements the 2003 Fair and Accurate Credit Transactions Act amendments to the Fair Credit Reporting Act on the disposal of consumer information.

This law promotes the financial stability of the United States by improving accountability and transparency in the financial system and to protect consumers from abusive financial services practices. Established the Consumer Financial Protection Bureau, which has supervisory authority on the banking industry, especially on Ability to Pay.

This form provides the IRS and the U.S. Department of Treasury Financial Crimes Enforcement Network with a tangible record of large cash transactions (greater than $10,000).