privacy 
Troutman Sanders
NOVEMBER 2, 2020
Privacy and Cybersecurity Activities. It requires federal regulators to exclude PPP loans from asset-size calculations for the purpose of determining capital ratios, deposit insurance premiums, and other asset thresholds at those financial institutions. State Activities. For more information, click here. On October 29, the U.S.
Troutman Sanders
APRIL 5, 2021
Privacy and Cybersecurity Activities. The seven rescissions provide guidance to financial institutions on complying with their legal and regulatory obligations. The published data contain loan-level information filed by financial institutions, modified to protect privacy. State Activities.
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Troutman Sanders
JUNE 15, 2021
Privacy and Cybersecurity Activities. On June 8, California Attorney General Rob Bonta warned “financial institutions, creditors and debt collectors that it is illegal to seize federal Child Tax Credit payments for individual debts in California.” State Activities. leadership on the world stage.
Troutman Sanders
JULY 7, 2021
Privacy and Cybersecurity Activities. Federal Activities: On July 1, the Consumer Financial Protection Bureau (CFPB or Bureau) released a new complaint bulletin covering several areas of concern on relief provided in response to the COVID-19 pandemic, including the Centers for Disease Control and Prevention (CDC) eviction moratorium.
Troutman Sanders
MARCH 22, 2021
Privacy and Cybersecurity Activities. The Bureau is concerned that some of those desperately needed funds will not reach consumers, and will instead be intercepted by financial institutions or debt collectors to cover overdraft fees, past-due debts, or other liabilities. State Activities. For more information, click here.
Troutman Sanders
MARCH 15, 2021
Privacy and Cybersecurity Activities. Under the program, Treasury will purchase preferred stock or subordinated debt from qualifying minority depository institutions and community development financial institutions, with the corresponding dividend or interest rate based on the institution meeting lending targets.
Troutman Sanders
APRIL 19, 2021
Privacy and Cybersecurity Activities. Federal Activities: On April 19, the Consumer Financial Protection Bureau (CFPB) announced that the 30-day comment period on the CFPB’s proposal to delay the effective date of Regulation F, its Debt Collection Rule, is open. State Activities. On April 13, U.S.
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