By Joe Mont2015-07-28T13:30:00
What have we learned in the four years the Consumer Financial Protection Bureau has been on the beat? For starters, it’s aggressive, returning $10 billion so far to consumers through enforcement actions. A solid understanding of the CFPB’s compliance program expectations remains elusive, and the mood among firms in the ...
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2016-08-09T15:00:00Z By Joe Mont
The Consumer Financial Protection Agency may be the most polarizing government agency ever created. It’s also one of the most resilient, given its perseverance in the face of political and legal attacks. Its ultimate fate, despite its successes, may depend on two separate challenges to its constitutionality winding their way ...
2026-02-26T21:47:00Z By Ruth Prickett
Firms offering “buy now, pay later” financing will become part of the regulated financial services sector in the U.K. from July 15. Compliance teams must act now to ensure they are ready to introduce rules and establish creditworthiness assessment processes, adapt systems, and change data processes before the deadline.
2026-01-13T20:05:00Z By Oscar Gonzalez
Two months after the U.S. Consumer Financial Protection Bureau proposed a rule change to narrow anti-discrimination requirements for lenders, it has reversed previous guidance on noncitizen customers looking to borrow.
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