Earlier this month, the FDIC released the inaugural issue of Consumer Compliance Supervisory Highlights. The Highlights are intended to provide the public and supervised institutions with information and observations related to the FDIC’s supervisory activities. It also includes a high-level overview of identified consumer compliance issues. This is a great read for anyone in a… Read More »
On June 6, 2019, the CFPB issued the latest final Payday Lending Rule formally delaying the compliance dates for the mandatory underwriting provisions and making technical corrections to the payment provisions of the original Rule. The compliance dates are set out in a new section, §1041.15, of the Rule. The Executive Summary notes that the… Read More »
May’s Regulatory Recap is now available. It includes the legislative update for Washington and Oregon, along with a recap of proposed and final rules from D.C. Let us know if you have any questions, or if we can help in any way. Law-Related Services Disclaimer. Please be advised, CSG provides financial services compliance audit and… Read More »
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