Some things are worth repeating. Like Compli’s CFPB six-part Webinar series. For those of you who missed out on the webinar the following recap will catch you up on what you missed. And for those of you who were a part of the webinar, this should be a great refresher.
The latest corporate compliance news around the topic of Fair Lending. CFPB, DOJ, FTC – tools and insights to keep you out of these regulators’ crosshairs.
“Compliance has never been optional, but there’s been a lot of companies in the past who have operated that way,” starts Andy Page Director of Operations at Road Auto Finance. We sat down with Andy to chat about his take on the finance industry, what keeps him up at night, and how he’s using Compli to stay […]
Your compliance management system needs to do more than meet the letter of the law; it must take action. An effective CMS will move you through the many regulatory changes with active risk management. Unfortunately, many CMS’s lack the agility needed to navigate the fair lending compliance jungle.
Check! There is something super satisfying about the sound of pen tip checking off an item on your To Do List. Also, the sound “X” has a similar effect. Maybe that’s why the section of the Dodd-Frank Act that created the Consumer Financial Protection Bureau is called Title X. Try it yourself: X and ✔.
The consumer finance industry could be on the cusp of change. Donald Trump has promised to roll back the Dodd–Frank Wall Street Reform and Consumer Protection Act, and all signs thus far point to the President-elect keeping his word. By this time next year, the Consumer Financial Protection Bureau could look different, and wield less […]
Are you a finance company, retailer (such as an auto dealer, furniture or department store), or a credit union that offers consumer credit contracts? If you so, you fall into the category of a creditor that is subject to the jurisdiction of the FTC (Federal Trade Commission) and therefore you must comply with the Credit […]
How many organizations have a compliance management system that’s truly ready for the Consumer Financial Protection Bureau’s attention?
During a recent webinar, we posed a simple question to our attendees: Have you built a compliance management system that would stand up to the Consumer Financial Protection Bureau’s scrutiny? Here’s how our informal poll played out:
Hear that fluttering sound? That’s the sound of thousands of employers blinking their eyes in disbelief.