In the October 20, 2022, issue of the Federal Register (87 FR 63671), the Board of Governors of the Federal Reserve System (FRB) and the Consumer Financial Protection Bureau (CFPB) published final rules increasing their respective Regulation Z exempt transaction thresholds in Section 226.3 (FRB) and Section 1026.3 (CFPB) by adding official interpretation 3(b)-3.xiv in Supplement I to Section 226.3(b) and to Section 1026.3, to increase the exemption threshold from $61,000 to $66,400 effective January 1, 2023.


Full Memorandum