NAFCU's
Thaler advocates for CUs ahead of CFPB testimony
CFPB Director Kathy
Kraninger today is set to testify in front of the House Financial Services Committee
as part of the Committee's semi-annual review of the bureau. Ahead of the
hearing, NAFCU Vice President of Legislative Affairs Brad Thaler reiterated the
association's appreciation of the committee's ongoing oversight of the
CFPB and efforts to promote financial inclusion and consumer protection.
California
AG releases proposed CCPA regs, cost estimate
California attorney general
Xavier Becerra last week released proposed regulations to implement the California
Consumer Privacy Act (CCPA) regarding a number of issues including notices, consumer
requests, and more. The CCPA, which was previously enacted in June 2018, is currently
set to go into effect on Jan. 1, 2020.
Compliance
Blog: How to keep up with annual, periodic error resolution notices
NAFCU Regulatory Compliance Specialist Alma Calcano, in a new post on the Compliance
Blog, covers error resolution notice provisions for annual and periodic notices under Regulation E.
$200.00 savings
ends Friday
Use code CFOSAVINGS on Credit Union CFO Summit now
CFPB
announces financial law task force
The CFPB on Friday announced that
it is assembling a taskforce to examine ways to harmonize and modernize federal
consumer financial laws. The taskforce – reporting to CFPB Director Kathy Kraninger
– will recommend ways to improve and strengthen consumer financial laws and regulations.
