Fed Renews Bank Insurance Info-Sharing Rules for Three More Years
Published Date: 2/5/2025
Notice
Summary
The Federal Reserve Board is keeping the current rules about how banks share info when selling insurance for three more years—no changes! This affects banks and consumers by making sure important info stays clear and available. The extension means no new costs or surprises, just steady protection through the next few years.
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Three-Year Extension of Bank Insurance Disclosures
The Federal Reserve is extending for three years, without any changes, the Regulation H disclosure rules about how banks must share information when selling insurance. You who buy insurance from a bank will keep the same disclosure protections and banks will face no new disclosure changes during that three-year period.
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