California has enacted a new California Consumer Protection Law (CCFPL), California Financial Code Section 90001 et seq. The CCFPL will convert the Department of Business Oversight (DBO) into a new Department of Financial...more
9/11/2020
/ Bank Holding Company ,
Banks ,
California ,
Covered Person ,
Credit Unions ,
Debt Collection ,
Exemptions ,
Farm Credit Administration ,
FinTech ,
Governor Newsom ,
Savings and Loan Companies ,
Third-Party Agents ,
Trusts ,
UDAAP
On June 4, the Consumer Financial Protection Bureau (CFPB) took steps to provide rules and guidance for the upcoming transition away from LIBOR for adjustable rate loans. The CFPB issued the following:
A revised version...more