Proposed Rule
26 Aug 2025
regulatory compliance, consumer protection, financial services, administrative practice and procedure, consumer financial protection, credit, cfpb, trade practices, nonbank supervision
📑CFPB Proposes Standard for Nonbank Supervision and Consumer Risks
The Consumer Financial Protection Bureau (Bureau or CFPB) is proposing to adopt a standard definition of "risks to consumers with regard to the offering or provision of consumer financial products or services" that will bind the Bureau in proceedings to designate nonbank covered persons for Bureau supervision. This will ensure that the Bureau acts within the bounds of its statutory authority and provide clarity to institutions about the standard the Bureau applies.
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Proposed Rule
14 May 2025
cfpb, nonbank supervision, consumer finance, consumer protection, trade practices, regulatory compliance, credit, administrative practice and procedure
📄CFPB Proposes Rescission of Supervisory Designation Amendments
The Consumer Financial Protection Bureau (CFPB or Bureau) is proposing to rescind the amendments it adopted on April 29, 2022, November 21, 2022, and April 23, 2024, to the Procedures for Supervisory Designation Proceedings.
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