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MoFo Reenforcement The Enforcement Blog

Tag Archives: Proposed Rule

FinCEN Issues a Proposed Beneficial Ownership Rule

Posted in Regulatory Developments

On December 7, 2021, the Financial Crimes Enforcement Network issued a Notice of Proposed Rulemaking to implement the beneficial ownership information reporting provisions of the Corporate Transparency Act, which was contained in the Anti-Money Laundering Act of 2020. The Proposed Rule addresses comments that FinCEN received in response to its April 5, 2021 Advance Notice of Proposed Rulemaking. FinCEN… Read More

CFPB Publishes Semi-Annual Rulemaking Agenda

Posted in Arbitration, Auto Lending, CFPB, Credit Reports, Mortgage, Payday Lending, Regulatory Developments, Student Lending

Just in time for the holidays, the CFPB released its Fall 2015 rulemaking agenda on Friday, November 20. The agenda does not include any major surprises, but it does slightly revise the projected timeline for several highly anticipated rulemaking activities. This alert lays out the highlights to consider between doses of turkey, football, and family…. Read More

CFPB Proposes Suspending Quarterly Credit Card Agreement Submission Requirements

Posted in CFPB, Credit Cards

On February 26, 2015, the Consumer Financial Protection Bureau (CFPB) published a proposed rule (“Proposed Rule”) that would suspend for one year the requirement that credit card issuers submit their agreements to the CFPB on a quarterly basis, as required by the Truth in Lending Act, as amended by the Credit Card Accountability Responsibility and… Read More