CFPB Enforcement Actions: Lessons Learned
Are CFPB enforcement actions harbingers of what’s to come? Do you read and follow them? Unfortunately, sometimes the potential lessons and cautions they provide become lost in the haze of a rapidly shifting marketplace and the warnings go unheeded. Are you paying attention?
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Appreciate the CFPB’s unique mission and enforcement powers
- Discover the lifecycle of an enforcement action
- Understand current CFPB enforcement trends
- Effectively employ regulatory and examination guidance
- Evaluate recent enforcement actions
- Use CFPB guidance to improve your compliance management system
WEBINAR DETAILS
One look at the Consumer Financial Protection Bureau’s (CFPB’s) website reveals the importance of publicizing enforcement actions in their strategy to protect consumers from harm in an increasingly “dangerous” financial world. From tracking every dollar of penalties, to robustly worded press releases, it is clear the CFPB is trying to protect the public by changing the negative behavior of bad actors. Public announcement of these actions serves to inform and educate all financial institutions in order to improve regulatory compliance and eliminate abusive practices. Join veteran compliance attorney David Reed as he reveals the hidden benefits of enforcement actions when evaluating and adjusting your compliance program.
WHO SHOULD ATTEND?
This informative session is designed for senior executives, directors, managers, compliance staff, audit staff, and anyone involved with the compliance process.
