CFPB Enforcement Risks: Navigating the Complex Regulatory Landscape
Recent enforcement actions and rulemakings by the Consumer Financial Protection Bureau (CFPB) pose significant compliance risk for financial institutions. At this point, it is unclear how the CFPB will be affected by the November elections, adding yet another level of uncertainty for organizations. Successfully navigating the CFPB landscape requires an in-depth understanding of the evolving regulations and the insurance and risk management solutions to mitigate potential exposures.
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