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Hogan Lovells | USA | 20 May 2019

CFPB enters consent order with student loan servicer for delayed account adjustments

On 1 May 2019 the Consumer Financial Protection Bureau (CFPB) announced a consent order with student loan servicer Conduent Education Services LLC


Davis Wright Tremaine LLP | USA | 20 May 2019

CFPB’s Structure is Constitutional - Ninth Circuit

On May 6, 2019, the Ninth Circuit concluded that the CFPB is constitutionally structured. In CFPB v. Seila Law LLC, Seila Law argued that the CFPB’s


Winston & Strawn LLP | USA, United Kingdom | 20 May 2019

Financial Services Update, Vol. 14, Issue 20

Accounting and consulting firms in the United Kingdom are coming under increasing pressure to improve standards after some high-profile reprimands


Troutman Sanders LLP | USA | 20 May 2019

CFPB Announces Plan for Review of Aged Regulations, Beginning with Overdraft Rule

On May 13, the Consumer Financial Protection Bureau announced its plans for periodically reviewing the regulations it oversees, in accordance with the


Maurice Wutscher LLP | USA | 20 May 2019

9th Cir. Rejects Challenges to CFPB Structure and CID

The U.S. Court of Appeals for the Ninth Circuit recently affirmed a trial court’s order requiring a law firm to respond to interrogatories and


Buckley LLP | USA | 17 May 2019

Kraninger says Dept. of Ed hindering CFPB's supervision of student loan servicers

On May 16, Senator Warren (D-MA) released an April 23 letter from CFPB Director Kathy Kraninger outlining the Bureau’s efforts to oversee student


Pepper Hamilton LLP | USA | 17 May 2019

New York Signals the Importance of Technology in Consumer Financial Protection

The New York Department of Financial Services (NYDFS) recently surprised financial services’ compliance and legal professionals by announcing the


McGuireWoods LLP | USA | 17 May 2019

The CFPB’s Debt-Collection Proposal: Key Details and Webinar

This post follows up on our earlier “primer” and flash alert on the Consumer Financial Protection Bureau’s proposed rule (the proposal) to implement


Arent Fox LLP | USA | 16 May 2019

Consumer Financial Protection Bureau Releases Proposed Debt Collection Regulations

On May 7, 2019, the Consumer Financial Protection Bureau (CFPB) issued a Notice of Proposed Rulemaking under the Fair Debt Collection Practices Act


Buckley LLP | USA | 16 May 2019

CFPB announces regulatory review plan; seeks comment on Overdraft Rule impact on small businesses

On May 13, the CFPB announced a plan to review its regulations under Section 610 of the Regulatory Flexibility Act (RFA), which specifies that