New rules from the Consumer Financial Protection Bureau (CFPB) regulating international money transfers will take effect on October 28, 2013, after being delayed and revised following complaints from the financial industry that the regulations would put them out of business, according to a press release from the bureau (see our Dec 26, 2012, blog post for more information). The revised rule requires remittance providers to disclose that fees and foreign taxes may apply to a transfer, but no longer requires them to specifically disclose each fee or foreign tax, The Wall Street Journal reports. The rule also requires that remittance providers "attempt to recover the funds" if a sender uses the wrong account number, but no longer requires them to "bear the cost of funds that cannot be recovered," the release said. For more, read the full Wall Street Journal story (subscription required) and CFPB press release.