Share on LinkedInShare on LinkedIn

ARTICLE · 19 JUNE 2015

Managing Evolving CFPB Regulatory Risk Through Effective Change Management

Venable LLP
Explore more from Venable LLP

On June 17, 2015, Jonathan Pompan, Partner and co-chair of Venable LLP's CFPB Task Force and Christopher Sicuranza, Managing Director and U.S. Banking Lead for Navigant Consulting, discussed the interplay among regulatory changes, scrutiny through supervision and enforcement, and compliance management systems.

United StatesFinance and Banking
Jonathan Pompan
Jonathan Pompan

On June 17, 2015, Jonathan Pompan, Partner and co-chair of Venable LLP's CFPB Task Force and Christopher Sicuranza, Managing Director and U.S. Banking Lead for Navigant Consulting, discussed the interplay among regulatory changes, scrutiny through supervision and enforcement, and compliance management systems. 

Please click here to view the full presentation and listen to the recording. For the presentation slides, please click here.

Here are some key takeaway from the presentation:

  • How regulatory expectations have changed under the CFPB.
  • Strategies for CFPB exam or investigation preparedness and post-consent order compliance.
  • How to effectively perform regulatory change management.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

View source

Related Articles

Read more about

Related Comparative Guides

See more popular content from

Article

SEC And CFTC Open Door To Tokenized Markets After Clarity Fails To Advance

The SEC and CFTC have issued coordinated regulatory relief measures that significantly advance crypto-based trading infrastructure in US markets, bypassing Congressional gridlock on the CLARITY Act. These orders establish new frameworks for tokenized securities venues and passive software providers, potentially reshaping how digital assets are traded and accessed in regulated markets.
United StatesFinance and Banking
K&L Gates
K&L Gates
Article

House Financial Services Committee Approves Legislation To Place CFPB Under Congressional Appropriations Process

The House Financial Services Committee on September 16 approved H.R. 10184, the Consumer Financial Protection Accountability and Reform Act of 2026, by a 28-21 vote. The legislation, sponsored by Rep. Andy Barr (R-Ky.), would make significant changes to the structure, funding, rulemaking, supervision, enforcement, and other authorities of the Consumer Financial Protection Bureau (CFPB).
United StatesFinance and Banking
Ballard Spahr LLP
Ballard Spahr LLP
Article

Fintech Agrees To Acquire National Bank Partner For $590 Million

A publicly traded fintech company has announced a $590 million acquisition of its longtime national bank partner, marking a strategic shift from the traditional bank-partnership model to direct ownership of a national bank charter. The transaction, expected to close in the first half of 2027 pending regulatory approvals, would make the fintech a bank holding company while consolidating its banking activities and eliminating certain sponsor-bank fees. This deal represents a faster alternative to pursuing a d
United StatesFinance and Banking
Sheppard
Sheppard
Article

HRSA Announces Updated 340B Rebate Model Pilot Program, Limited To Drugs Subject To A Maximum Fair Price (MFP) For 2026 And 2027

The Health Resources and Services Administration has announced a revised 340B Rebate Model Pilot Program for drugs subject to Medicare's Maximum Fair Price, expanding eligibility to manufacturers with selected drugs for 2026 and 2027. The program introduces new data requirements, dispute resolution mechanisms, and stricter compliance monitoring while addressing stakeholder concerns about administrative burden and program integrity.
United StatesFinance and Banking
Hogan Lovells Cadwalader
Hogan Lovells Cadwalader