CFPB Provides Spanish Translations for Certain Prepaid Rule, Regulation B Model, Sample Forms

The CFPB has released Spanish translations for certain model and sample forms included in the Prepaid Rule in Regulation E and for certain adverse action model and sample notices included in Regulation B.

In its emailed notice of the new translated forms, the Bureau reminded financial institutions of their obligation to serve the communities where they do business, including communities with limited English proficiency – as well as to encourage them to use the translations as they work with Spanish-speakers in their community.

Source: CFPB