Self-Policing

News & Analysis as of

How to Be a Good Corporate Citizen CFPB Style

On June 25, 2013, the Consumer Financial Protection Bureau (CFPB) issued Bulletin 2013-06 identifying “responsible business conduct” that may impact the exercise of its “enforcement discretion.” The Bulletin specifies the...more

CFPB Encourages Self-Policing And Self-Reporting

The CFPB has issued a bulletin encouraging self-policing, self-reporting, remediation, and cooperation....more

“Responsible Conduct” by Enforcement Targets May Justify Favorable Treatment

Earlier this week, the Consumer Financial Protection Bureau (CFPB) issued CFPB Bulletin 2013-06 (the Bulletin), entitled Responsible Business Conduct: Self-Policing, Self-Reporting, Remediation, and Cooperation....more

CFPB issues guidance on “responsible conduct” that can result in enforcement leniency

A new CFPB Bulletin provides guidance on “responsible conduct” the CFPB will consider in deciding how to exercise its enforcement discretion....more

CFPB's Office of Enforcement Issues a Bulletin Describing Its Definition of "Responsible Business Conduct"

On June 25, the Consumer Financial Protection Bureau’s Office of Enforcement issued a bulletin outlining four factors that comprise what the Bureau calls “responsible business conduct,” and noting that these factors might...more

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