On February 23, 2023, the Consumer Financial Protection Bureau (CFPB) announced it had issued orders to nine large auto lenders to provide information about their auto lending portfolios. The auto ...
The Supreme Court of the United States has agreed to review and decide whether the Consumer Financial Protection Bureau (CFPB) has a funding structure that violates the U.S. Constitution. Originally ...
The Consumer Financial Protection Bureau (CFPB) recently published its Semiannual Regulatory Agenda as part of the Fall 2022 Unified Agenda of Federal Regulatory and Deregulatory Actions. The Regulatory Flexibility Act ...
The Board of Governors of the Federal Reserve System (Federal Reserve), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) are issued a ...
The National Credit Union Administration (NCUA) Board recently approved a final rule regarding cyber incident notification requirements. The NCUA requires a federally insured credit union (FICU) that experiences a reportable ...
The Board of Governors of the Federal Reserve System (“Board”) adopted final amendments to Regulation A to reflect the Board’s approval of an increase in the rate for primary credit ...
The Board of Governors of the Federal Reserve System (“Board”) issued a policy statement interpreting section 9(13) of the Federal Reserve Act and set out a “rebuttable presumption that it ...
On January 18, 2023, the Financial Crimes Enforcement Network (FinCEN) issued an order prohibiting certain transmittals of funds by any covered financial institution involving Bitzlato Limited (Bitzlato), a convertible virtual ...
The Board of the California Privacy Protection Agency approved the California Privacy Rights Act (CPRA) regulations on Friday. The rulemaking package that was adopted and approved included a redline of ...
On February 1st the Consumer Financial Protection Bureau (“CFPB”) announced a proposed rule limiting the amount that could be charged for credit card late fees. Currently, a creditor could charge ...