TRAINING AND EMPLOYMENT NOTICE No. 09-18

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Training and Employment Notice No. 09-18

Issue Date:
Program Year:
2018
Fiscal Year:
2019
Subject

Regulation E Requirements for Prepaid Accounts (or Debit Cards)

Purpose

To remind state workforce agencies of the revised requirements in Regulation E for government programs that issue prepaid debit cards as a mechanism for paying non-needs tested benefits and for the financial institutions that provide the prepaid debit cards; and to announce that the Bureau of Consumer Financial Protection (Bureau) has extended the deadline for implementation of these requirements.

To

STATE WORKFORCE AGENCIES

From

MOLLY E. CONWAY
Acting Assistant Secretary

Contact

The Bureau is responsible for all guidance related to Regulation E and its provisions. Therefore, states should forward any questions about the 2016 Prepaid Rule or its amendments to the Bureau at: https://reginquiries.consumerfinance.gov/.

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