AVOID THE PERILS OF INADEQUATE, UNDOCUMENTED OVERDRAFT POLICIES AND PROCEDURES
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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 ...
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- CFPB
- Cheryl Lawson
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- Consumer FInancial Protection Bureau
- cost
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- UDAAP
Avoid Compliance Uncertainty with Guidance and Best Practices
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Cfpb announces policy to clarify udaap abusiveness standard On January 24, 2020, the Consumer Financial Protection Bureau issued a new policy statement designed to clarify how it ...
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DOES YOUR OVERDRAFT PROGRAM PASS THE UDAAP TEST?
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If your bank or credit union is running a “Do-It-Yourself” overdraft program, here are 5 questions you should ask in order to determine if you’re ...