The Consumer Financial Protection Bureau posted frequently asked questions about prioritized assessments, a new supervisory approach the bureau developed in response to the COVID-19 pandemic.
CFPB details higher-level exams
July 07, 2020 / By ICBA
The Consumer Financial Protection Bureau posted frequently asked questions about prioritized assessments, a new supervisory approach the bureau developed in response to the COVID-19 pandemic.
The Consumer Financial Protection Bureau posted frequently asked questions about prioritized assessments, a new supervisory approach the bureau developed in response to the COVID-19 pandemic. The assessments are higher-level inquiries than traditional exams and are designed to obtain real-time information from entities in markets that pose elevated risks of consumer harm due to the pandemic.
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