Rather they would just need to adjust the settings of existing policies. The public would become increasingly familiar with the policies and the potential for changes to settings. Policy changes would become easier to implement and to communicate. In principle, macro-prudential policy would follow a more transparent and systematic process that looks more like our monetary policy process.
Credit cards issued primarily for business or commercial purposes generally are not governed by the consumer protections in the Truth in Lending Act or the amendments to that act in the 2009 Credit CARD Act. Some observers have already expressed concern that some card issuers may be marketing business and professional cards to consumers in an effort to sidestep new restrictions.