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Reg E in Focus: CFPB Enforcement and Compliance Tips

Innovative Payments Association

The Consumer Financial Protection Bureau (CFPB) is the primary enforcement agency for Regulation E, and it has been cracking down on violations in recent years. Disclosures should include information about fees, error resolution procedures, and consumer rights under Regulation E.

Reg E 52
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CUs, Bank Trade Groups Clash Over CFPB Regs

PYMNTS

Credit union (CU) and bank trade groups are locked in another battle, this time arguing about oversight by the Consumer Financial Protection Bureau (CFPB). Government Accountability Office (GAO) that were “sharply critical of the adequacy of NCUA supervisory procedures, and the competency of NCUA examiners.”

CFPB 43