Sat.Jan 23, 2021 - Fri.Jan 29, 2021

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

The rule codifies the statement (with amendments) that the CFPB and other federal financial regulatory agencies issued in September 2018, which clarified the differences between regulations and supervisory guidance. On January 19, the CFPB issued a final rule regarding the use of supervisory guidance for its supervised institutions.