June 27th, 2024
2:00 PM ET
Nonbank financial services companies with prior enforcement orders are preparing for the Consumer Financial Protection Bureau’s (CFPB) new Registry, which takes effect September 16. Nonbank consumer lenders, loan servicers, credit reporting companies, furnishers, debt collectors, and payment providers with prior federal, state, or local enforcement orders and consent decrees are among the covered entities with new disclosure obligations. A wide range of CFPB-supervised firms will have registration requirements, while larger firms will also need to meet annual written statement requirements about ongoing compliance. In this webinar, we’ll review the final rule’s coverage and obligations, and suggest best practices to prepare for the rule and the additional attention it will bring covered companies.