News & Analysis as of

Request For Information Fees Disclosure Requirements

Orrick, Herrington & Sutcliffe LLP

NYDFS issues request for information on overdraft fees, compliance costs, and consumer communications

On September 5, NYDFS issued a request for information (RFI) seeking further information from state-chartered banks, credit unions, and other stakeholders regarding overdraft and insufficient funds-related policies,...more

Sheppard Mullin Richter & Hampton LLP

Consumer Fees Find Themselves in the Crosshairs: The CFPB Seeks Public Input on Alleged “Junk Fees” in the Consumer Financial...

The Consumer Financial Protection Bureau (“CFPB”) has continued to ratchet up its regulatory scrutiny over the consumer financial services market. On January 26, 2022, the CFPB published an initiative seeking public input on...more

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