United States of America: Consumer Financial Protection Bureau Circular 2024-02 on deceptive marketing practices about the speed or cost of sending a remittance transfer

Progress

Current status

revoked

12 May 2025 revoked

27 Mar 2024 adopted

Scope

Implementers

United States of America

Policy Area

Consumer protection

Policy Instrument

Fair marketing and advertising practice requirement

Regulated Economic Activity

digital payment provider (incl. cryptocurrencies)

Government Branch

executive

Government Body

consumer protection authority

Implementation Level

national

Timeline of events

12 May 2025

revoked

Consumer Financial Protection Bureau withdrew Consumer Financial Protection Circular 2024-02 on deceptive marketing practices about the speed or cost of sending a remittance transfer

On 12 May 2025, the Consumer Financial Protection Bureau (CFPB) announced the withdrawal of Consumer Financial Protection Circular 2024-02 concerning deceptive marketing practices regarding the speed or cost of sending remittance transfers. The with…

Source

Event type outline

Action type termination

Government branch executive

Government body consumer protection authority

27 Mar 2024

adopted

Issued CFPB Consumer Financial Protection Circular 2024-02 on deceptive marketing practices about the speed or cost of sending a remittance transfer

On 27 March 2024, the Consumer Financial Protection Bureau (CFPB) issued the Consumer Financial Protection Circular 2024-02 on deceptive marketing practices about the speed or cost of sending a remittance transfer. The circular outlines several mark…