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Competition › No-Action Letters › Consumer Financial Protection Bureau (CFPB)

Troutman Pepper Locke

The CFPB Issues Revised Sandbox and No-Action Letter Policies

Troutman Pepper Locke on

Earlier this month, the Consumer Financial Protection Bureau (CFPB or Bureau) issued new policy statements regarding its Compliance Assistance Sandbox (CAS) and No-Action Letters (NAL) programs. ...more

Sheppard Mullin Richter & Hampton LLP

CFPB Updates No-Action Letter and Compliance Assistance Sandbox Policies to Spur Innovation

Sheppard Mullin Richter & Hampton LLP on

On January 3, 2025, the CFPB announced a reboot of its no-action letter and compliance assistance sandbox policy, aimed at promoting consumer-beneficial innovation in financial services. The new policies are designed to...more

McGlinchey Stafford

CFPB Launches New Office to Facilitate Competition and Innovation

McGlinchey Stafford on

On May 24, 2022, the Consumer Financial Protection Bureau (CFPB) announced that it is replacing the Office of Innovation with the newly-established Office of Competition and Innovation. The CFPB intends to “help spur...more

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