A Game Plan for Addressing FinCEN’s New Prepaid Access Rule - paybefore.com

    31 March 2012

    March 31 was the long anticipated effective date of a new federal rule imposing yet another regulatory layer on the prepaid industry. As the law enforcement and regulatory community stand ready to enforce the regulation, the consequences of noncompliance loom large. Though the compliance deadline is already upon us, reviewing a solid game plan for addressing this rule is helpful to avoid potentially substantial regulatory fines, federal criminal prosecution and other implications for your business.

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