Latest developments from the CFPB (Consumer Financial Protection Bureau), regulator of consumer protection actions among financial institutions and other organizations.
Title: Policy on No-Action Letters Subject: No-action letters Agency: CFPB Status: Final Summary: The Bureau of Consumer Financial Protection (Bureau) is issuing its revised Policy on No-Action Letters (Policy), which is intended to carry out […]
(Updated Sept. 18, 2019) A vote on a final community bank leverage ratio (CBLR), a press conference featuring Federal Reserve Board Chair Jerome (“Jay”) Powell (following the close of a monetary policy setting session), and […]
The three policies announced earlier this week by the consumer financial protection bureau, offering providers a measure of protection against compliance violations when they receive prior agency approval for certain activities, are slated for publication […]
Three policies announced Tuesday are intended to improve how the federal consumer financial protection agency exercises its authority to facilitate innovation and reduce regulatory uncertainty, the director of the agency told an Atlanta audience. In […]
A revised no-action letter (NAL) policy, announcement of the first NAL issued under the new policy, and final policies on trial disclosures and compliance assistance (proposed initially as a “product sandbox” policy) were issued Tuesday […]
A network designed to enhance coordination among federal and state regulators to facilitate financial innovation was announced Tuesday by the federal consumer financial protection agency, which said it had invited all state regulators to join. […]
A foreclosure relief services company headquartered in Houston, Texas, as well as its chief executive and its auditor are being sued by the federal consumer financial protection agency for engaging in deceptive and abusive acts […]
Behavioral law and economics – with a focus on discussion to inform future rulemaking – is the topic of the second symposium this year to be sponsored by the federal consumer financial protection, the agency said […]
Changes to Home Mortgage Disclosure Act (HMDA) requirements under last year’s Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA, S. 2155) are reflected in two updated webinars and one new webinar published recently by […]
Federal financial institution regulators were busy organizations last week, as they worked to clear their outboxes for the end of the summer in preparation for the oncoming fall season of meetings, congressional testimony, regulatory actions […]
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