Consumer Financial Protection Bureau Seeks Input on Rules for Money Transfer Firms
August 08, 2025
August 08, 2025
WASHINGTON, Aug. 8 (TNSFR) -- The Consumer Financial Protection Bureau is considering whether to change the criteria it uses to supervise companies that handle international money transfers.
The agency is requesting information from the public to help it decide on a potential adjustment to the test that defines larger participants in this market. Under the current criteria, a company is considered a larger participant if it handles at least one million international money transfers . . .
The agency is requesting information from the public to help it decide on a potential adjustment to the test that defines larger participants in this market. Under the current criteria, a company is considered a larger participant if it handles at least one million international money transfers . . .