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New Action on No-Action Letters – CFPB Begins Accepting Applications Under Updated No-Action Letter Procedures

The US Consumer Financial Protection Bureau (CFPB) is giving no-action letters (NALs) a second chance. On January 8, 2025, the CFPB issued a policy statement setting forth new procedures for companies to request supervisory...more

1/17/2025  /  Administrative Procedure Act , Compliance , Consumer Financial Products , Consumer Financial Protection Bureau (CFPB) , Enforcement Actions , Financial Regulatory Reform , No-Action Letters , Regulatory Requirements
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