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Lexology PRO | USA | 2 Aug 2023
US commercial contracts: key federal and state updates (20 Jul – 2 Aug)
Youtube star sues over reputational harm caused by subpar burgers, two states enact commercial finance disclosure laws, and American Airlines goes after ticketing scammers – plus other key updates.
Orrick, Herrington & Sutcliffe LLP | USA | 14 Jul 2023
CFPB, Maine say loan purpose determines whether TILA applies
On July 12, the CFPB and the State of Maine filed an amicus brief in the Maine Supreme Judicial Court arguing that determining whether a loan is…
Orrick, Herrington & Sutcliffe LLP | USA | 16 Jun 2023
FTC submits annual enforcement report to CFPB
On June 7, the FTC announced that it submitted its 2022 Annual Financial Acts Enforcement Report to the CFPB. The report covers FTC enforcement…
Mayer Brown | USA | 15 May 2023
The CFPB’s Steady PACE to Regulate Property Assessed Clean Energy Financing
On May 1, 2023, the Consumer Financial Protection Bureau (“CFPB” or “Bureau”) issued a proposed rule that would require companies offering Property…
Lexology PRO | Australia, Belgium, Canada, etc. | 18 Apr 2023
Consumer protection: key risks for the financial services sector (Apr 2023)
The US CFPB issues guidelines on abusive practices towards consumers, the ACCC urges banks to improve their data quality, and Belgium issues new regulations on promoting virtual assets – plus other key updates.
Sheppard Mullin Richter & Hampton LLP | USA | 10 Apr 2023
CFPB: TILA Does Not Preempt State Commercial Financial Disclosures
On March 28, the CFPB issued a preemption determination that that TILA does not preempt commercial lending disclosure regulations enacted in…
Reed Smith LLP | USA | 6 Apr 2023
New Milestones in Commercial Lending Regulation: CFPB and States Ramp Up Scrutiny
There is a broader trend in financial regulatory developments to implement traditionally consumer-style borrower protections in commercial lending…
Mayer Brown | USA | 6 Apr 2023
The CFPB Sticks to Its Guns, Finding State Commercial Finance Disclosure Laws Not Preempted in Final Determination
The US Consumer Financial Protection Bureau (CFPB) has finalized its December 2022 preliminary determination that commercial finance disclosure laws…
Paul Hastings LLP | USA | 29 Mar 2023
Daily Financial Regulation Update -- Wednesday, March 29, 2023
The Consumer Financial Protection Bureau (CFPB) announced it has determined that state disclosure laws covering lending to businesses in California…
Fried Frank Harris Shriver & Jacobson LLP | USA | 28 Mar 2023
CFPB Says TILA Does Not Preempt State Commercial Financial Disclosure Laws
The CFPB determined that the commercial financing disclosure laws required under California, New York, Utah and Virginia state law are not preempted…
