The CFPB has granted a request from financial institutions for extra time to prepare for the agency’s pending international remittance transfer final rule, but it may not be enough to satisfy them. Earlier this month, the bureau temporarily postponed the Feb. 7, 2013, effective date of its remittance transfer rule pending finalization of its December 2012 proposal to make changes in three narrow areas. First, the proposal would provide more flexibility when it comes to the disclosure of foreign taxes, as well as fees imposed by a designated recipient’s institution for receiving a remittance transfer in an account. Second, the proposal would limit...