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ARTICLE · 08 AUGUST 2025

Regulatory Requirements Related To Adverse Action Notifications

Ballard Spahr LLP
Ballard Spahr LLP
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As part of the Federal Reserve Board's Outlook Live Webinar series, on July 17, 2025, examiners from the Minneapolis and Chicago Federal Reserve Banks hosted...

United StatesFinance and Banking
Aja D. Finger
Aja D. Finger
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As part of the Federal Reserve Board's Outlook Live Webinar series, on July 17, 2025, examiners from the Minneapolis and Chicago Federal Reserve Banks hosted a webinar to discuss the regulatory requirements related to adverse action notifications under the Equal Credit Opportunity Act (ECOA), as implemented by Regulation B, and the Fair Credit Reporting Act (FCRA). We thought the information that was presented would be helpful to our clients and friends who are just getting acquainted with these issues and would be a good refresher for our clients and friends who are longtime practitioners in consumer financial services law.

An overview of the triggers and substance of these adverse action notices can be found here.

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