The remittance rule, released February 7, 2012, provides that the Consumer Financial Protection Bureau will publish a safe harbor list of countries that qualify for an exception in the rule, permitting estimated disclosure of certain figures in lieu of disclosure of exact amounts where the laws of the recipient country do not permit determination of the exact amounts.
The Bureau recognizes that the list may change, and it intends to revise the list as needed. The Bureau welcomes suggestions for additions or deletions to the list. The Bureau will allow interested parties to sign up to receive an alert any time the list changes.