President Trump has vowed to dismantle the Dodd-Frank Wall Street Reform and Consumer Protection Act and as a part of that process the Consumer Financial Protection Bureau (CFPB). While this has been on his radar for some time, the CFPB will be a part of our regulatory lives for the foreseeable future. The CFPB will continue to be a leader in setting regulatory priorities across the financial industry.
So how do we know what their priorities are? Throughout the year, the CFPB updates their agenda to identify the most critical topics in the current environment. Looking at the CFPB's agenda is a little bit like peering into a crystal ball. You can almost predict your future and see what areas will be your priority.
Before issuing final rules, the CFPB typically performs studies and issues proposals in order to gather data and solicit public comments. As they work through this process, much about their mindset is revealed. We can use this information to understand where the priorities are and where we are going next.
This session is a forward thinking discussion that will explore what is on the agenda, what we can expect, and what these changes mean for us. We will also discuss the implications of President Trumps vow to dismantle the rules.
- How does the Trump administration's activities affect the CFPB's agenda?
- What are the CFPB priorities in the next 2 years?
- What is the timetable for new rules?
- What are the implications of each agenda item?
- What can I do to start preparing?
- How can I affect final rules?
- How do agenda items affect my current UDAAP risk?
- And much, much more . . .
Who Should Attend?
This informative session is designed for:
- Compliance Officers and Staff,
- Risk Management Officers and Staff,
- Executive Management Teams,
- Retail Banking Management,
- Operations Management,
- Legal Teams,
- Lending Management,
- Debt Collections Management,
- Marketing Management and Staff, and
- Internal Audit Management and Staff