Regulatory Alerts2025-04-11
CFPB Offers Regulatory Relief From Registration Requirements for Small Loan Providers
The Consumer Financial Protection Bureau will defer enforcement and supervisory actions against entities that miss upcoming registration deadlines under 12 CFR part 1092. This regulatory relief specifically covers the April and July 2025 filing requirements for designated nonbank covered persons, allowing them to avoid immediate penalties while the Bureau prioritizes pressing consumer threats. The agency is also considering a future notice of proposed rulemaking to either rescind the registration regulation entirely or narrow its scope.
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