(WASHINGTON) CFPB REPORT: Today, the Bureau released seven notices rescinding certain #COVID19 regulatory flexibility guidance provided last spring #AceNewsDesk report

#AceNewsReport – Apr.01: Between March 26, 2020, and June 3, 2020, the Bureau issued the following statements providing regulatory flexibilities during the #COVID19 emergency:

#CoronavirusNewsDesk – ‘CFPB Statements of intention to rescind seven #COVID19 regulations’

Note that as detailed in the Rescission of the Statement on Bureau Supervisory and Enforcement Response to the COVID-19 Pandemic, identified above, the Bureau intends to exercise its supervisory and enforcement authority consistent with the Dodd-Frank Act. As such, the Bureau does not intend to continue to provide the flexibilities afforded entities in the following interagency statements as of April 1, 2021:

You can access the notices of rescission here: https://www.consumerfinance.gov/about-us/newsroom/cfpb-rescinds-series-of-policy-statements-to-ensure-industry-complies-with-consumer-protection-laws/.

Thank you,

Consumer Financial Protection Bureau

#AceNewsDesk report ………Published: Apr.01: 2021:

#cfpb, #washington