Survey: Regulatory change remains top concern for banks
Keeping up with changing regulations was the top concern for U.S. financial services firms, according to Wolters Kluwer’s annual Regulatory ...
Tag: Section 1071
Chopra: 1071 rulemaking to be completed by end of March
CFPB Director Rohit Chopra acknowledged concerns raised by ABA and others that the rule could have an outsized effect on ...
CFPB to hold technical implementation meetings on 1071 reporting
As the CFPB continues work on its Dodd Frank Act Section 1071 rulemaking—which relates to the collection of small business ...
Agencies update spring rulemaking agendas
The federal regulatory agencies this week announced updates to their spring rulemaking agendas for 2022. Among the CFPB’s priorities are ...
House bill would extend CFPB supervisory authority to nonbank small biz lenders
As the CFPB looks to implement Section 1071 of the Dodd-Frank Act—which calls for the collection of small business lending ...
Republican Lawmakers Call for Changes to CFPB’s Section 1071 Proposal
Three GOP lawmakers today raised concerns about the CFPB’s pending rulemaking to implement Section 1071 of the Dodd-Frank Act.
ABA: CFPB Section 1071 Proposal Is ‘Unnecessarily Far-Reaching’
While expressing support for fair lending laws and regulations, ABA and the state bankers associations yesterday raised concerns about the ...
CFPB Updates Rulemaking Agenda
The Consumer Financial Protection Bureau on Friday announced updates to its rulemaking agenda for fall 2021. The agenda is current ...
ABA, Banking Groups Call for Extension on Section 1071 Proposal
The American Bankers Association led a broad coalition of financial trade groups in a letter to CFPB Director Rohit Chopra ...
CFPB Director Concerned About Reg Burden for Small Banks
CFPB Director Rohit Chopra today said he is concerned about the potential regulatory burden that rules like the bureau’s pending ...
