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CFPBRulemakingCFPB-2025-0018

Legal Standard Applicable to Supervisory Designation Proceedings

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Oct 7, 2025
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American Bankers Association filings
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American Bankers Association filed 1 comment on this docket between Sep 25, 2025 and Sep 25, 2025. 1 other organizations filed here. The comment window closed 306d ago.

What American Bankers Association filed (1)

Sep 25, 2025· Comment from Consumer Bankers Association; American Bankers Association· CFPB-2025-0018-0041

Filed on regulations.gov — full text not in the inline record.

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Abstract

SUMMARY: The Consumer Financial Protection Bureau (Bureau or CFPB) is proposing to adopt a standard definition of “risks to consumers with regard to the offering or provision of consumer financial products or services” that will bind the Bureau in proceedings to designate nonbank covered persons for Bureau supervision. This will ensure that the Bureau acts within the bounds of its statutory authority and provide clarity to institutions about the standard the Bureau applies. ADDITIONAL INFORMATION: For more information about commenting on CFPB’s Notices, please visit us at: https://www.consumerfinance.gov/rules-policy/notice-opportunities-comment/commenting-on-notices/

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Co-filers (1)

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