(855) 411-2372
An official website of the United States Government
Our goal is to make financial markets work. A crucial part of reaching that goal is making sure that honest businesses – particularly small businesses – have what they need to understand and comply with our new regulations, which are designed both to help consumers and make a fair playing field for companies that play [...]
Join us right here on October 16th at 2:30 p.m. EST for a 90-minute live session about the new requirements for remittance transfer providers. We’ll give an overview of the remittance rule and answer questions about compliance. The session should be useful for money transmitters, banks, credit unions, and other companies that send money abroad [...]
We were in Missouri today to hold our first Consumer Advisory Board meeting. Today’s live events have now ended. You can read CFPB Director Richard Cordray’s full remarks and see Deputy Director Raj Date’s presentation from the event. If you missed the event, you can watch below:
The rule to implement the consumer protections created by the Dodd-Frank Act for certain electronic transfers of funds to other countries – the remittance rule – will go into effect on February 7, 2013. We’re undertaking a number of efforts to help industry understand and comply with the new requirements. These include: releasing a list [...]
We have an expansive, vital mission: to make markets for consumer financial products and services work for Americans. But, how do we do that with limited resources? We’ll accomplish our mission by setting goals, establishing strategies, and measuring performance. Our strategic plan outlines this information and describes how we will focus our resources on the [...]
The mission of the CFPB is to ensure compliance with federal consumer financial laws through effective enforcement of those laws. When the Office of Enforcement needs to gather information, it may issue a Civil Investigative Demand (CID) to people and institutions that may have materials relevant to an investigation. The law that created the CFPB [...]
