Notice 15 Jul 2025 privacy act, consumer financial protection bureau, system of records, advisory committees

📝CFPB Notice on Modified System of Records under Privacy Act

The purpose of the Consumer Financial Protection Bureau (CFPB or Bureau) Advisory Boards and Committees system of record is to collect and maintain information on Bureau advisory committee members and applicants, and those that may interact with the Bureau regarding the committees. The records are used for administration of the advisory committees, including the evaluation of potential committee members for eligibility to serve on Bureau committees and preparation of minutes and reports of Bureau advisory committee meetings, events, or programs. The information will also be used for administrative purposes to ensure quality control, performance, and improving management processes.

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Notice 27 Jun 2025 compliance, consumer protection, financial regulation, consumer financial protection bureau, criminal penalties

⚖️CFPB Guidance on Criminal Enforcement Referrals and Business Impact

The Consumer Financial Protection Bureau (CFPB or Bureau) is issuing this policy statement to describe its plan to address criminally liable regulatory offenses.

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Rule 18 Jun 2025 regulatory compliance, administrative practice and procedure, business operations, federal register, consumer financial protection bureau, rulemaking

📜CFPB Rescinds Rulemaking Procedure

The Consumer Financial Protection Bureau (Bureau or CFPB) is adopting a procedural rule (Final Rule) that rescinds its rule specifying how the Bureau issues rules and when rules are considered issued.

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Proposed Rule 15 May 2025 compliance, consumer financial protection bureau, consumer rights, regulation v, data broker practices

❌CFPB Withdraws Proposed Rule on Data Broker Practices

The Consumer Financial Protection Bureau (Bureau or CFPB) is withdrawing its Notice of Proposed Rule: Protecting Americans from Harmful Data Broker Practices (Regulation V) (NPRM). The Bureau has determined that legislative rulemaking is not necessary or appropriate at this time to address the subject matter of the NPRM. The Bureau will not take any further action on the NPRM.

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Proposed Rule 13 May 2025 regulatory compliance, consumer protection, banking, administrative practice and procedure, law enforcement, consumer financial protection bureau, business law, banks, national banks, credit unions, savings associations, trade practices, adjudication, rules of practice

⚖️CFPB Proposed Rule

The Consumer Financial Protection Bureau (Bureau) is proposing to rescind the amendments it adopted to the Rules of Practice for Adjudication Proceedings (Rules of Practice) on February 22, 2022, and March 29, 2023.

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Regulatory, Professional Events 27 Jan 2025 public meeting, consumer financial protection bureau, credit unions, regulatory advisory councils, community banks

📅CFPB Advisory Council Meeting Notice - February 2025

Under the Federal Advisory Committee Act (FACA), this notice sets forth the announcement of a public meeting of the Community Bank Advisory Council (CBAC or Council) and the Credit Union Advisory Council (CUAC or Council) of the Consumer Financial Protection Bureau (CFPB). The notice also describes the functions of the Councils.

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Compliance, Consumer Trends 17 Jan 2025 compliance, business regulations, consumer financial protection bureau, feedback request, credit card market

📊CFPB Seeks Input on Consumer Credit Card Market Regulations

The Credit Card Accountability Responsibility and Disclosure Act of 2009 (CARD Act or Act) requires the Consumer Financial Protection Bureau (CFPB) to conduct a review (Review) of the consumer credit card market, within the limits of its existing resources available for reporting purposes. In connection with conducting that Review, and in accordance with the Act, the CFPB is soliciting information from the public about a number of aspects of the consumer credit card market as described further below.

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Regulatory Notice 17 Jan 2025 information collection, qualitative feedback, regulatory notice, consumer financial protection bureau

📄CFPB Notice

In accordance with the Paperwork Reduction Act of 1995 (PRA), the Consumer Financial Protection Bureau (CFPB) requests the extension of the Office of Management and Budget's (OMB's) approval for an existing information collection, titled "Generic Information Collection Plan for the Collection of Qualitative Feedback on Bureau Service Delivery," approved under OMB Control Number 3170-0024.

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Regulatory Requirements, Consumer Trends 15 Jan 2025 regulatory compliance, financial services, consumer financial protection bureau, data privacy, financial technology, consumer data

🔍CFPB Seeks Comments on Consumer Financial Data Collection Practices

The Consumer Financial Protection Bureau (CFPB) is seeking comments from the public to better understand how companies that offer or provide consumer financial products or services collect, use, share, and protect consumers' personal financial data, such as data harvested from consumer payments. The submissions in response to this request for information will serve to assist the CFPB and policymakers in further understanding the current state of the business practices at these companies and the concerns of consumers as the CFPB exercises its enforcement, supervision, regulatory, and other authorities.

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Compliance, Financial Regulation 15 Jan 2025 compliance, consumer financial protection bureau, digital payments, regulation e, efta, electronic fund transfers

💳CFPB Proposes New Rules for Electronic Fund Transfers and Compliance

In light of interest by electronic fund transfer system market participants to offer new types of products to transfer funds and make purchases through accounts established primarily for personal, family, or household purposes, the Consumer Financial Protection Bureau (CFPB) is proposing this interpretive rule to assist companies, investors, and other market participants evaluating existing statutory and regulatory requirements governing electronic fund transfers (EFTs).

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