The NADA Bill on CFPB Auto Lending, What it Means for You… Last week, NADA announced the House Financial Services Committee voted to repeal the CFPB’s guidance for auto lending of 2013. The bill, H.R. 4811, also seeks to require a higher level of transparency in the CFPB’s guidance process. It would require the CFPB […]
Welcome to our Weekly Round Up! This week’s topics include: increased support for CFPB transparency and accountability, the healthcare industries’ prep for audit increase, policies, procedures and other crimes against humanity, and the underground economy of data breaches. Also, paying dearly for deceptive advertising and the importance of workplace wellness programs in employee retention.
In follow up to last week’s blog, CFPB – The Four Elements You Need to Know, here are some key steps that your organization can take now to put in place a CMS that meets the CFPB’s guidelines:
Welcome to our Weekly Round Up! This week’s topics include: CFPB engagement with 6 auto lenders in fair-lending actions, trends in risk management, what directors need to know about cybersecurity, major financial org’s and the disparate impact amendment, and 2014 training trends. Also, Brazil’s complex compliance issues, the future of senior living told by the […]
What is a Compliance Management System (CMS) according to the CFPB? During the recent NABD Compliance Academy held in Las Vegas, hundreds of dealers from the “Buy Here Pay Here” (BHPH) community gathered to discuss the CFPB and their requirements for a “Compliance Management System” (CMS) in their dealerships. As is typical with new […]
Welcome to our Weekly Round Up! This week’s topics include: the Internet of things, paying to solve a problem rather than preventing a problem, dealerships targeted by an illegal workforce and why your company needs a handbook. Also defining BYOD policies, employee dress code enforcement, the FTC crack down on consumer portfolio services, why security […]
Managing your workforce today is complex—with changing laws, aging workforce and regulatory pressures organizations struggle to keep up.
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