Publication
CFPB takes steps to regulate “Buy Now, Pay Later” providers
On May 22, 2024, the CFPB issued an interpretive rule that imposes some of the same rules on BNPL providers that apply to conventional credit card providers.
Marjorie Glover, David Gallai and Rachel Kurth write a monthly column in the Employee Benefit Plan Review providing expert insight into employee benefits questions. This month's article addresses questions concerning policy requirements for paid leave credit, the deductibility of business meals for clients and voluntary correction program submissions.
Publication
On May 22, 2024, the CFPB issued an interpretive rule that imposes some of the same rules on BNPL providers that apply to conventional credit card providers.
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