Banking Industry Requests 18 Month Extension to Comply with Amended Regulation II
Troutman Sanders
FEBRUARY 21, 2023
As discussed here , on October 3, 2022, the Fed finalized a rule expanding Regulation II, the implementing regulation for the Durbin Amendment, to require debit card issuers to provide at least two unaffiliated payment card networks to process card-not-present debit card transactions.
Let's personalize your content