Regulatory Hot Topics for 2022
The following are Regulatory Hot Topics for 2022 that may apply to your bank, credit union, fintech company, or other type of financial institution. These were issued by the Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Federal Reserve, Office of the Comptroller of the Currency (OCC), or other federal regulatory bodies that resulted in a revision to one or more of our products. Click on any of the tabs below of a particular agency to see detailed subject matter regarding the regulatory release and the related product update.
NOTE: The dates of the regulatory releases are displayed by the year when the guidance was issued - not the effective date of the guidance.
UPDATE
An Analysis of Consumer Complaints Related to Crypto-Assets
UPDATE
CFPB Issues Guidance to Help Banks Avoid Charging Illegal Junk Fees On Deposit Accounts
UPDATE
CFPB Issues Policy on Contractual ‘Gag’ Clauses and Fake Review Fraud
UPDATE
CFPB Targets Unfair Discrimination in Consumer Finance
UPDATE
UPDATE
Medical Debt Collection and Consumer Reporting Requirements in Connection with the No Surprises Act
UPDATES
Fair Credit Reporting Act Policy
Fair Debt Collection Practices Act Policy
Mitigating Harm from Repossession of Automobiles
UPDATE
Prohibition on Inclusion of Adverse Information in Consumer Reporting in Cases of Human Trafficking
UPDATE
Fair Credit Reporting Act Policy
Servicer Responsibilities in Public Service Loan Forgiveness Communications
UPDATES
Consumer Loan Policy
Student Loan Program Policy