data protection – Regulatory Report

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[ October 30, 2025 ] Report: credit union regulator board to stop publishing annual meeting schedules NCUA
[ October 30, 2025 ] Fed announces two prohibitions, from workers at AL and TN banks (the latter a NY branch) The Fed
[ October 29, 2025 ] CFPB rescinds rule on nonbank persons registry, withdraws proposal on firms using form contracts; more CFPB
[ October 28, 2025 ] CFPB: FCRA’s state-law preemption on credit reporting broader than held in 2022 CFPB
[ October 27, 2025 ] OCC wants to rescind guidelines for big banks on recovery planning; says banks ‘should’ be doing it anyway OCC

9 principles aim to protect consumers in authorizing third-party access to financial data

October 19, 2017 0

Principles for protecting consumers when authorizing third-parties to access their financial data for financial products and services were unveiled Wednesday by the Consumer Financial Protection Bureau (CFPB), with an aim of fostering development of “innovative […]

Fed announces two prohibitions, from workers at AL and TN banks (the latter a NY branch)

October 30, 2025 0

Two prohibitions, both the result of recent consent agreements, were made public against two bankers by the Federal Reserve Thursday: one for a former New York worker, and the other for a former Alabama bank employee. The Fed said Md [...]
CFPB rescinds rule on nonbank persons registry, withdraws proposal on firms using form contracts; more

October 29, 2025 0

Nonbank “covered persons” who are subject to court or government agency’s final public orders related to offering or providing consumer financial products or services no longer need to get themselves on a registry maintained by the Consumer Financial Protection Bureau [...]
CFPB: FCRA’s state-law preemption on credit reporting broader than held in 2022

October 28, 2025 0

The Fair Credit Reporting Act’s (FCRA) preemption of state laws related to consumer credit reporting is broader than presented in a now-rescinded 2022 interpretive rule, the Consumer Financial Protection Bureau (CFPB) says. The CFPB, in a new interpretive rule published [...]
OCC wants to rescind guidelines for big banks on recovery planning; says banks ‘should’ be doing it anyway

October 27, 2025 0

Big banks – those with at least $100 billion in assets – are expected to be well managed and have appropriate risk-management processes in place; thus, no guidelines on “recovery planning” are necessary, the national bank regulator proposed late Monday. [...]
Comptroller jumps on stress-test reform bandwagon, praising Fed request for comment

October 27, 2025 0

Calling the current stress-test regime for large banks “too complex and opaque,” the national bank regulator late Monday praised the Federal Reserve for proposing changes to the stress test models. Comptroller of the Currency Jonathan V. Gould said the Fed’s [...]