An Initial Review of the Consumer Financial Protection

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On October 14, 2011, the Consumer Financial Protection Bureau (“CFPB”) issued its Supervision and Examination Manual – Version 1.0 (“the Manual”). It provides the first insight into the procedures the CFPB will use in examining the depository institutions and non-depository consumer financial services companies under its jurisdiction. The complete Manual can be found at http://www.consumerfinance.gov/guidance/supervision/manual/.

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