(a) Not later than twelve months after the effective date of this subchapter and at one-year intervals thereafter, the Bureau shall make reports to the Congress concerning the administration of its functions under this subchapter, including such recommendations as the Bureau deems necessary and appropriate. In addition, each report of the Bureau shall include its assessment of the extent to which compliance with this subchapter is being achieved, and a summary of the enforcement actions taken under section 1693o 11 See References in Text note below. of this title. In such report, the Bureau shall particularly address the effects of this subchapter on the costs and benefits to financial institutions and consumers, on competition, on the introduction of new technology, on the operations of financial institutions, and on the adequacy of consumer protection.
(b) In the exercise of its functions under this subchapter, the Bureau may obtain upon request the views of any other Federal agency which, in the judgment of the Bureau, exercises regulatory or supervisory functions with respect to any class of persons subject to this subchapter.
Structure US Code
CHAPTER 41— CONSUMER CREDIT PROTECTION
SUBCHAPTER VI— ELECTRONIC FUND TRANSFERS
§ 1693. Congressional findings and declaration of purpose
§ 1693c. Terms and conditions of transfers
§ 1693d. Documentation of transfers
§ 1693e. Preauthorized transfers
§ 1693h. Liability of financial institutions
§ 1693i. Issuance of cards or other means of access
§ 1693j. Suspension of obligations
§ 1693k. Compulsory use of electronic fund transfers
§ 1693l–1. General-use prepaid cards, gift certificates, and store gift cards
§ 1693o. Administrative enforcement
§ 1693o–1. Remittance transfers
§ 1693o–2. Reasonable fees and rules for payment card transactions