Non-Depository Institution Supervision Database
The new systems of records described in this notice, CFPB.003—Non-depository Supervision Database will be used to enable the CFPB to carry out its responsibilities with respect to individuals related to non-depository covered persons subject to the authority of the CFPB, including the internal coordination of examinations, supervision evaluations and analyses, and enforcement actions. This system will also allow the CFPB to coordinate with other financial regulatory agencies.
Who is covered? Individuals subject to the CFPB’s authority, and current, former, and prospective consumers who are or have been customers or prospective customers, and others with information relevant to the enforcement of federal consumer financial laws.
What information is collected? Information about customers of non-depository institutions such as name, account numbers, address, phone number, email address, and date of birth; contact information of officials, and information about CFPB employees assigned to supervision tasks; and confidential supervision information or personal information, including information relating to individuals that is derived from confidential supervisory information or from consumer complaints.
Why is the information collected? Information will enable the CFPB to carry out its responsibilities with respect to non-depository institutions and service providers, including the coordination and conduct of examinations, supervisory evaluations and analyses, enforcement actions, actions in federal court, and coordination with other financial regulatory agencies. This system will track and store examination and inspection documents and will enable the CFPB to monitor and coordinate regular examinations and required reports, supervisory evaluations and analyses, and enforcement actions internally and with other federal and state regulators.