The Bureau periodically releases policy guidance, including compliance bulletins, joint-agency memoranda, and other notices and guidance to inform and advise regulated entities.
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.
The Bureau 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.
