ICBA published a summary of the Consumer Financial Protection Bureau’s recently released Section 1071 final rule ahead of tomorrow’s ICBA briefing on the rule.
ICBA releases 1071 rule summary ahead of briefing
April 13, 2023 / By ICBA
ICBA published a summary of the Consumer Financial Protection Bureau’s recently released Section 1071 final rule ahead of tomorrow’s ICBA briefing on the rule.
ICBA published a summary of the Consumer Financial Protection Bureau’s recently released Section 1071 final rule ahead of tomorrow’s ICBA briefing on the rule.
Summary: The ICBA summary details the final rule’s scope of coverage, key definitions, compliance dates, collection and reporting procedures, recordkeeping, enforcement, and more.
Briefing: Scheduled for noon (Eastern time) tomorrow, ICBA’s 60-minute webinar will cover key aspects of the new requirements and ongoing ICBA advocacy to mitigate the rule’s impact on community banks.
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