The Consumer Financial Protection Bureau (CFPB, the Bureau) promulgated on March 30 itsfinal ruleimplementing Section 1071 of the Dodd-Frank Act. The rule requires that covered financial institutions collect and report to the Bureau data on applications for credit by small businesses (those having g...
With regard to coverage of the CFPB’s Section 1071 rule on small business lending, the CFPB indicates that entities providing credit to franchisees, whether or not affiliated with the franchisor, would generally be “financial institutions” subject to the rule’s data collection and reporting req...
Scope of the rulemaking: The Bureau is considering proposing that the data collection and reporting requirements of its eventual Section 1071 rule would apply to any application to a financial institution for credit by a small business, and that financial institutions would not be required to ...
House Republicans may start Congressional Review Act process to nullify overdraft rule CFPB revokes EWA advisory opinion This week’s podcast episode: Regulating Bank Reputation Risk Republicans renew efforts to repeal Section 1071 Consumer Finance Monitor ...
* Privacy: Section 1071 specifically permits the bureau to "delete or modify data available to the public to advance a privacy interest."[11] Given that the collection of small-business lending data would likely be shared as part of the bureau's routine reporting to both the public and ...
Uncertain Future For CFPB Small Business Data Rule * Privacy: Section 1071 specifically permits the bureau to "delete or modify data available to the public to advance a privacy interest."[11] Given that th... D Hartman 被引量: 0发表: 0年 Potential Ecological Risk Assessment of Ni, Cu, ...
Research and work on section 1071 of the Dodd-Frank Act; Adopt a robust no-action letter process and advisory opinion process; Establish true coordination with the prudential regulators; Reform the investigative and supervisory processes; and Establish internal checks and balances as we wait fo...
Republicans renew efforts to repeal Section 1071 Fifth Circuit Court of Appeals strikes down FTC CARS Rule Acting CFPB Director Bessent tells CFPB staff to stop virtually all work CFPB orders remittance transfer provider to pay almost $2.5 million for alleged illegal activities ...