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21 Nov 2021, 9:03 pm by Noah Yosif
Another study conducted by the Consumer Financial Protection Bureau’s Taskforce on Federal Consumer Finance Law determined that arbitrary limits on interest rates would “undoubtedly” put lenders out of business and prevent middle-class and struggling Americans from accessing affordable credit, concluding such policies should be eliminated entirely. [read post]
18 Nov 2021, 6:21 am by Richard J. Andreano, Jr.
Under the Dodd-Frank Act, the CFPB must conduct an assessment of each significant rule or order it has adopted under federal consumer financial law and publish a report of each assessment no later than five years after the effective date of the rule or order. [read post]
Montgomery Senator Sherrod Brown (D-OH), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, has written to newly confirmed Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra, asking him to review companies in the tenant screening industry for possible Fair Credit Reporting Act violations and other violations of U.S. laws. [read post]
15 Nov 2021, 12:34 pm by Emily Dai
Department of State; Peter Natiello, acting assistant administrator at the bureau for Latin America and the Caribbean at the United States Agency for International Development; Dr. [read post]
12 Nov 2021, 10:36 am by Kristian Soltes
The PBOC will also test the digital yuan’s impact on financial markets and monetary policy. [read post]
12 Nov 2021, 10:36 am by Kristian Soltes
The PBOC will also test the digital yuan’s impact on financial markets and monetary policy. [read post]
12 Nov 2021, 7:57 am by Brian Liu, Raquel Leslie
China also has unrivaled capacity and experience in another driving force of the metaverse: consumer device manufacturing. [read post]
12 Nov 2021, 5:29 am by Stella Cramer (SG) and Crystal Wong
As an example, FinTechs providing digital consumer credit are able to leverage on third party behavioural data, such as data from telecommunications providers and e-commerce platforms, as proxies for traditional credit bureau data to build better credit risks models. [read post]
11 Nov 2021, 10:36 am by Kristian Soltes
The PBOC will also test the digital yuan’s impact on financial markets and monetary policy. [read post]
11 Nov 2021, 7:10 am by Jonathan H. Adler
As to precisely when to date its adoption, the sitting Director of the Consumer Financial Protection Bureau Rohit Chopra cast his vote weeks ago, and earlier this week the Chair and Commissioner Slaughter opted to announce it. [read post]
11 Nov 2021, 3:58 am by Arlo Kipfer
For that reason, the Chinese Cybersecurity Bureau does not plan to politely make a formal request for the information. [read post]
9 Nov 2021, 9:05 pm by Christopher Carrigan
For example, the Environmental Protection Agency, Occupational Safety and Health Administration, and Consumer Financial Protection Bureau are required to solicit small business input through a process outlined in the Small Business Regulatory Enforcement Fairness Act. [read post]
While directors certainly may not need to be involved in the finite details, they should understand the development and implementation of security efforts, maintain accountability and ensure protection of consumer information is an organization-wide endeavor. [read post]
9 Nov 2021, 7:45 am by Christie Grymes Thompson
Rich and Laura Riposo VanDruff joining the firm, Paul’s addition further strengthens Kelley Drye’s ability to help clients prepare for the future of consumer protection law, and to advise clients facing State Attorneys General investigations, as well as investigations brought by the FTC, Consumer Financial Protection Bureau, and local and county District Attorneys’ offices. [read post]
8 Nov 2021, 1:29 pm by Emily Dai
The ideal candidate will have a strong understanding of law and economics tradition, particularly the work surrounding the evolution and importance of the consumer welfare standard and regulatory agency processes. [read post]
8 Nov 2021, 12:14 pm by Benjamin R. Dryden
In October, however, one of the three Democratic Commissioners was confirmed to lead the Consumer Financial Protection Bureau, which as of this writing puts the FTC at a 2-2 political tie. [read post]