Supervisory guidance

Amends and reissues CFPB Bulletin 2013-06.

The Consumer Financial Protection Bureau has issued a policy statement providing a framework on how it intends to apply the abusiveness standard in supervision and enforcement matters.

The Consumer Financial Protection Bureau is issuing this statement regarding Certified Community Development Financial Institutions receiving Federal financial assistance from the U.S. Department of the Treasury’s Community Development Financial Institutions Fund.

This Memorandum of Understanding (“MOU”), dated as of Feb. 25, 2019, is made and entered into by the Consumer Financial Protection Bureau (“CFPB”) and the Federal Trade Commission (“FTC”). This MOU is intended to facilitate the fulfillment of the Agencies’ responsibilities in a manner consistent with the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act”).

The Bureau of Consumer Financial Protection (Bureau) is issuing this bulletin to announce changes to how it articulates supervisory expectations to institutions in connection with supervisory events.

The Bureau of Consumer Financial Protection (Bureau) recognizes the serious impact major disasters or emergencies have on consumers and the operations of many supervised entities. Existing laws and regulations provide supervised entities regulatory flexibility to take certain actions that can benefit consumers in communities under stress and hasten recovery. The Bureau will also consider the impact of major disasters or emergencies on supervised entities themselves when conducting supervisory activities.

The Consumer Financial Protection Bureau (CFPB) is issuing this statement to advise our supervised entities that the CFPB encourages them to work with consumers affected by Hurricane Maria to make use of existing regulatory flexibility where doing so would benefit consumers affected by this major disaster.

The Consumer Financial Protection Bureau (CFPB) is updating its statement on Hurricane Harvey to also address Hurricane Irma. The CFPB advises our supervised entities that we encourage them to work with consumers affected by Hurricanes Harvey and Irma to make use of existing regulatory flexibility where doing so would benefit consumers affected by these major disasters.

The Consumer Financial Protection Bureau, the United States Department of the Treasury, and the Financial Crimes Enforcement Network (FinCEN) are issuing this joint memorandum to encourage coordination among financial institutions, law enforcement, and adult protective service agencies (APS) in order to protect older adults from elder financial exploitation.

CFPB Compliance Bulletin 2017-01

The Bureau is issuing non-binding policy guidance relating to a three-day period of early compliance with the 2016 Final Rule.

CFPB Bulletin 2016-03

Amends and reissues CFPB Bulletin 2012-03. 

This notice is issued pursuant to section 706(e) of the Equal Credit Opportunity Act and concerns the new Uniform Residential Loan Application and the collection of expanded Home Mortgage Disclosure Act information about ethnicity and race in 2017.

Supervisory expectations regarding customer account deposit reconciliation practices

Notice about the submission of credit card agreements to the Bureau.

CFPB Bulletin 2016-01

CFPB Compliance Bulletin 2015-07

CFPB Bulletin 2015-06

Process for appeals of supervisory matters. (Includes CFPB Bulletin 2012-07 and Revised Process documents).

CFPB Bulletin 2015-05

Compliance bulletin posted in the Federal Register.

CFPB Bulletin 2015-03

CFPB Bulletin 2015-02

CFPB Bulletin 2015-01