CFPB Issues New Guidance on Supervision of Service Providers

 

Yesterday the Consumer Financial Protection Bureau (CFPB) published a notice in the Federal Register amending its prior Compliance Bulletin on supervision of Service Providers. A copy of yesterday’s notice can be found here.

The prior Compliance Bulletin (No. 2012-03), was originally issued in 2012. In that document the CFPB outlined expectations in the introductory paragraph.

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