ARTICLE · 23 APRIL 2025

CFPB Announces Potential Relief From Registration Requirements For Small Loan Providers

Goodwin Procter LLP

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On April 11, the Consumer Financial Protection Bureau (CFPB) announced that "it will not prioritize enforcement or supervision actions with regard to entities that do not satisfy future deadlines" under 12 CFR part 1092 - Registry of Nonbank Covered Persons (Nonbank Registration), enacted to create a central public repository for information regarding public agency and court orders imposed upon nonbank covered persons.

United StatesFinance and Banking

Josh Burlingham

William McCurdy

Grace Willingham

Welcome to Goodwin's Financial Services News Roundup. Our newsletter highlights important legal, regulatory, and business developments related to financial services and banking.

In this issue

1 CFPB Announces Potential Relief From Registration Requirements for Small Loan Providers

On April 11, the Consumer Financial Protection Bureau (CFPB) announced that "it will not prioritize enforcement or supervision actions with regard to entities that do not satisfy future deadlines" under 12 CFR part 1092 - Registry of Nonbank Covered Persons (Nonbank Registration), enacted to create a central public repository for information regarding public agency and court orders imposed upon nonbank covered persons. Instead, the CFPB

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