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FRB

Interagency Guidance: Regulators Will Enforce UDAAP Laws Notwithstanding Repeal of Regulation AA

CFPB  •  Dodd-Frank  •  Enforcement  •  Fair Lending / Fair Servicing  •  FDCPA  •  FDIC  •  FRB  •  OCC  •  State AGs  •  UDAP/UDAAP
The Federal Reserve Board recently made headlines when it repealed its Regulation AA to comply with the Dodd-Frank Act, leading some to wonder how, and to what extent, regulation of financial institutions might change going forward. But the federal agencies charged with regulating […]

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Committee of Banking Regulators Begins Cyber-Security Assessments of 500 Financial Institutions

CFPB  •  FDIC  •  FRB  •  OCC  •  Privacy/Data Security
On June 24, 2014, in response to the “increasing volume and sophistication of cyber threats,” the Federal Financial Institutions Examination Council (“FFIEC”) began a month-long cyber-security assessment of 500 community financial institutions and credit unions.  […]

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