Latest developments from the CFPB (Consumer Financial Protection Bureau), regulator of consumer protection actions among financial institutions and other organizations.
A proposal that could change the payday lending rule currently set to kick in next August is expected to be out for comment by the spring of 2019, according to a blog post by the […]
The federal financial consumer protection bureau’s Office of Innovation now has an online presence on the bureau’s website, along with links to policy and program changes under review – including the Global Financial Innovation Network […]
A Spanish-language version of the recently updated Money Smart for Older Adults (Version 2.0) curriculum has been released by the consumer financial protection agency and the federal insurer of bank deposits. Money Smart for Older […]
A rule change on inflation adjustments to civil penalties by the federal consumer financial protection agency was published Friday in the Federal Register and is out for public comment until Nov. 13. The revision, proposed […]
A consent order citing substantial delays in an online retailer’s forwarding of customers’ payments on debts already sold to debt buyers requires process improvements and imposes a civil money penalty of $200,000, the federal consumer […]
The three advisory councils of the federal consumer financial protection bureau convened Thursday for the first time after being reconstituted, and in what is reportedly the first joint gathering of all three panels. The councils […]
At least eight databases and other “core data assets” are maintained or accessible to the federal consumer financial protection agency – including financial institution call reports, supervisory activities data and more – according to a […]
Sources for data and how the information is used are the subjects for a “request for information” (RFI) issued Tuesday by the federal consumer financial protection agency; comments will be accepted until Dec. 27. Accompanying […]
Federal financial institution regulators have taken at least 35 individual public actions since late May to put into effect the new regulatory relief legislation, according to a compilation of the actions by Regulatory Report. According […]
The coming week brings a mix of developments related to federal banking regulation and policy, including another potential rate hike from the Fed, consumer bureau advisory council meetings (the first held since the panels were […]
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