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CFPB planning credit reporting rulemaking this year: Chopra

The Consumer Financial Protection Bureau is planning to propose rules this year to ensure data brokers comply with the Fair Credit Reporting Act, CFPB Director Rohit Chopra said.

Apr 04, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

ICBA urges CFPB to withdraw overdraft proposal

ICBA urged the Consumer Financial Protection Bureau to withdraw its proposed rule to apply Regulation Z lending requirements to overdraft services.

Apr 03, 2024
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Article
Consumer Financial Protection Bureau (CFPB)

FinCEN underestimates beneficial ownership collection burden: ICBA

The Financial Crimes Enforcement Network’s estimated burden of complying with its final rule on accessing beneficial ownership information does not accurately reflect the demands of collecting this...

Apr 03, 2024
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Article
Financial Crimes Enforcement Network (FinCEN)

ICBA to CFPB: Fee proposal another abuse of authority

ICBA urged the Consumer Financial Protection Bureau to stop misusing its authority over unfair, deceptive, or abusive acts or practices to undermine federal disclosure rules.

Apr 01, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Compliance