On August 20th, the Consumer Financial Protection Bureau published amendments to Regulation E, which implements the Electronic Fund Transfer Act, and the official interpretation to the regulation. The amendments modify a final rule published in February 2012, implementing section 1073 of the Dodd-Frank Act regarding remittance transfers. The amendments adopt a safe harbor with respect to the phrase "normal course of business" in the definition of "remittance transfer provider," which determines whether a person is covered by the rule. The amendments also revise several aspects of the February 2012 final rule regarding remittance transfers that are scheduled before the date of transfer, including preauthorized remittance transfers. The amendments are effective February 7, 2013. 77 FR 50244