WA DFI releases guidance on indirect lending for state-chartered credit unions; your question answered on Equal Opportunity Notice signage; plus this week’s legal briefs.
The credit union’s Idea Lab brings together cutting edge financial services technology with a culture that draws out impactful innovation.
The Consumer Financial Protection Bureau’s new rule allows FIs that satisfy certain privacy conditions to post consumers privacy notices online rather than sending paper copies.
A bill that would amend the Gramm-Leach-Bliley Act by eliminating costly and repetitive privacy notice mailing requirements passed the House of Representatives Tuesday, marking another step toward lessening the compliance burden.
Credit unions, along with most other private-sector employers, must now publicly post notices of employee rights beginning on Nov. 14, 2011, under a new rule announced by the NLRB.
The Fed and FTC on Wednesday issued final rules to implement the credit score disclosure requirements of the Dodd-Frank Wall Street Reform and Consumer Protection Act. If a credit score is used in setting material terms of credit or in taking adverse action, the statute requires creditors to disclose certain information to consumers.
What is the difference between the FACT Act rules for risk based pricing notices published by the Federal Reserve board (12 CFR 222) and those by the Federal Trade Commission (16 CFR 640)?
The proposed rules from the Fed and the FTC will come into effective on July 21, 2011, as part of the credit score disclosure requirements in the Dodd-Frank Act.
The Federal Reserve System will conduct a webcast on risk-based pricing notices on February 16. This webinar is part of an ongoing series focused specifically on consumer compliance issues.
Your update of the regulatory landscape.