Earlier this month, we reported that the CFPB had proposed a new generic information collection clearance titled “Generic Clearance for Consumer Complaint and Information Collection System (Testing and Feedback).” In a comment letter responding to the proposal, the American Bankers Association urges the CFPB to withdraw, or the Office of Management and Budget (OMB) to deny, the generic clearance request. … Continue Reading
generic information collection clearance
CFPB proposes new information collections
By Barbara S. Mishkin on
Posted in CFPB General, Regulatory and Enforcement
The CFPB has proposed a new generic information collection clearance for its consumer complaint system and a new information collection related to its financial literacy initiatives.
The new generic information collection clearance, for which the CFPB intends to seek OMB approval, is titled “Generic Clearance for Consumer Complaint and Information Collection System (Testing and Feedback).” … Continue Reading