Consumer Protection
December 4, 20192020 brings a new decade of business change that will be directly confronted with regulatory and policy mandates of fairness, safety, and protection. In our new paper, KPMG Regulatory Insights evaluates how, in 2020, five business imperatives—technology transformation, customer interaction, payments modernization, market expansion, and cost efficiencies—will force new and differing regulatory...
November 20, 2019 - 2:00PMPast
October 18, 2019Ladies and Gentlemen: This comment is submitted by the American Bankers Association (ABA),1 the Consumer Bankers Association (CBA),2 and the Housing Policy Council3 (HPC) in response to the August 19, 2019 proposed rule4 of the U.S. Department of Housing and Urban Development (the Department or HUD). The Proposed Rule “follows a June 20, 2018, advance notice of proposed rulemaking[5], in which...
October 16, 2019CBA Recommends Legislative, Regulatory Changes to Improve CFPB, Consumer Protections WASHINGTON, D.C. – Consumer Bankers Association President and CEO Richard Hunt wrote the chairs and ranking members of the House Financial Services and Senate Banking committees related to hearings on the Consumer Financial Protection Bureau’s semi-annual report to Congress. In the letter, CBA recommends ways to...
September 18, 2019CBA Statement on CFPB Complaint Database Changes WASHINGTON, D.C. – Consumer Bankers Association President and CEO Richard Hunt issued the following statement after the Consumer Financial Protection Bureau announced planned changes to the Bureau’s complaint database: “For too long, the Bureau’s unverified compliant database has functioned to paint a picture of guilt through government press...
July 11, 2019July 11, 2019 The Honorable Maxine Waters Chairwoman Committee on Financial Services 2129 Rayburn House Office Building U.S. House of Representatives Washington, D.C. 20515 The Honorable Patrick McHenry Ranking Member Committee on Financial Services 4340 O’Neill House Office Building U.S. House of Representatives Washington, D.C. 20515 Dear Chairwoman Waters and Ranking Member McHenry: On behalf...
May 20, 2019CBA Calls on FinCEN to Collect Beneficial Ownership Information WASHINGTON – The Consumer Bankers Association today wrote Senate Banking Committee Chair Mike Crapo (R-Idaho) and Ranking Member Sherrod Brown (D-Ohio) requesting the committee pass legislation requiring the Financial Crimes Enforcement Network (FinCEN) collect beneficial ownership information for corporations and use the information...Pages
CBA Letter for the Record re Commerce Hearing on Data Privacy