The Consumer Financial Protection Bureau issued a policy statement outlining the process of applying for early termination of administrative consent orders.
October 06, 2020 / By ICBA
The Consumer Financial Protection Bureau issued a policy statement outlining the process of applying for early termination of administrative consent orders.
For consent orders to be terminated early, applicants must demonstrate that they meet certain threshold eligibility criteria, have fully complied with the terms, and have a satisfactory compliance management system in applicable areas.
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