CFPB Follows in Footsteps of FCA on Payday Lending Subject: Market Transparency Summary Analysis: Yesterday, Thursday, June 2, 2016, the Consumer Financial Protection Bureau (CFPB) published much-anticipated proposed rules aimed at curbing predatory payday lending. The CFPB follows in the footsteps of the United Kingdom’s (UK) Financial Conduct Authority (FCA), who has carried out a […]
Read MoreCFPB Doubled Enforcement Cases Last Year The consumer financial services space saw a dramatic increase in the number of enforcement cases brought by its watchdog regulator...
Read MoreThe Consumer Financial Protection Bureau (CFPB) Ombudsman recently published its annual report for 2015. The independent office within the agency manages individual...
Read MoreCFPB Spotlights Consumers’ Credit Card Complaints The Consumer Financial Protection Bureau (CFPB) recently released its Monthly Complaint Report for September. Each...
Read MoreBanking Regulators Continue to Increase Reporting Requirements Banking regulators continue to implement increased reporting requirements pursuant to the Dodd-Frank...
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