Bulletin re: responsible business conduct: self-policing, self-reporting, remediation, and cooperation
The Bureau considers many factors in the exercise of its enforcement discretion. These include,
for example: (1) the nature, extent, and severity of the violations identified; (2) the actual or
potential harm from those violations; (3) whether there is a history of past violations; and (4) a
party’s effectiveness in addressing violations. This guidance is being provided to inform those
subject to the Bureau’s enforcement authority that in addition to these and other factors, there are
activities they can engage in both before and after the conduct in question has occurred that the
Bureau may favorably consider in exercising its enforcement discretion.