AVOID THE PERILS OF INADEQUATE, UNDOCUMENTED OVERDRAFT POLICIES AND PROCEDURES
Categories:
TARGETED REVIEW OF PROGRAM DISCLOSURES AND PROCEDURES PREVENTS COMPLIANCE AND LEGAL RISKS The Consumer Financial Protection Bureau (CFPB) has reversed course on its January 2020 policy ...
Tags:
- Balance
- CFPB
- Cheryl Lawson
- compliant
- Congress
- Consistent
- Consumer FInancial Protection Bureau
- cost
- Demand Letters
- Disclosed
- disclosures
- Dodd-Frank Act
- financial institutions
- lawsuits
- Model consent form
- Negative Settlement
- opt in
- opt out
- Overdraft
- policies
- Policy
- Positive Swipe
- Procedures
- Program
- Reg E
- regulators
- review
- UDAAP
KEEP YOUR REGULATORY GUARD UP
Categories:
REDUCE POTENTIAL OVERDRAFT COMPLIANCE AND LEGAL RISKS COVID-19 will continue to impact the way banks and credit unions conduct business—for months, if not years to ...