Bureau of Consumer Financial Protection Updates Regulation P To Implement Legislation Amending Gramm-Leach-Bliley Act
WASHINGTON, D.C. – The Bureau of Consumer Financial Protection (Bureau) today finalized amendments to implement legislation that allows financial institutions that meet certain requirements to be exempt from sending annual…
Bureau Of Consumer Financial Protection Settles With Defendants In Hydra Group Payday Lending Case
WASHINGTON, D.C. — Today a federal district court in the Western District of Missouri entered an Order effectuating a settlement between the Bureau of Consumer Financial Protection (Bureau) and Richard…
ProVeg Applauds States’ Actions to Promote Plant-Based Diets
State procurement of climate-friendly food is vital to help reduce carbon emissions NEW YORK, April 3, 2023 (Newswire.com) - Food awareness organization, ProVeg International, today welcomed actions taken by states…
Bureau of Consumer Financial Protection Issues Rule to Implement and Clarify New HMDA Amendments
WASHINGTON, D.C. — Today the Bureau of Consumer Financial Protection (Bureau) issued an interpretive and procedural rule to implement and clarify the requirements of section 104(a) of the Economic Growth,…
FTC Orders Illumina to Divest Cancer Detection Test Maker GRAIL to Protect Competition in Life-Saving Technology Market
The Federal Trade Commission issued an Opinion and Order requiring DNA sequencing provider, Illumina, Inc., to divest GRAIL, Inc., which makes a multi-cancer early detection (MCED) test, finding that the…
Bureau of Consumer Financial Protection Releases Latest Supervisory Highlights
WASHINGTON, D.C. — The Bureau of Consumer Financial Protection (Bureau) today released its 17th edition of Supervisory Highlights. The report covers Bureau supervision activities generally completed between December 2017 and…
Bureau of Consumer Financial Protection Announces New Advisory Committee Members
WASHINGTON, D.C. — Today the Bureau of Consumer Financial Protection (Bureau) announced the appointment of new experts from outside the federal government to the Consumer Advisory Board, Community Bank Advisory…
Agencies Issue Statement Reaffirming the Role of Supervisory Guidance
WASHINGTON, D.C. — Five federal agencies today issued a joint statement explaining the role of supervisory guidance for regulated institutions. The statement from the agencies—the Federal Reserve Board, the Bureau…
Bureau of Consumer Financial Protection Issues Updated FCRA Model Disclosures
WASHINGTON, D.C. — The Bureau of Consumer Financial Protection (Bureau) today issued an interim final rule updating two model disclosures to reflect changes made to the Fair Credit Reporting Act…
Bureau of Consumer Financial Protection Files Suit Against Future Income Payments LLC, Scott Kohn, and Related Entities
WASHINGTON, D.C. — The Bureau of Consumer Financial Protection (BCFP) has filed a complaint against Future Income Payments, LLC (FIP), Scott Kohn, and the following related entities: FIP, LLC; BuySellAnnuity…