In our latest look at the CFPB’s expanding supervisory authority of fintechs and other non-bank financial service providers, RegFi cohosts Jerry Buckley and Sasha Leonhardt welcome fellow Orrick partner — and former deputy general counsel for the CFPB — John Coleman. John shares his insights on recent developments, including the Bureau’s public announcement of its intention to assert supervisory authority over individual non-bank financial service providers and the potential implications of this shift in protocol. The conversation also covers the differences between supervision and enforcement, how companies can prepare for regulatory examinations, and the ways in which the CFPB and other regulators might leverage technology to transform the supervisory process.
