Acting Consumer Financial Protection Bureau Director Mick Mulvaney is discarding many of the policy priorities of his predecessor, Richard Cordray, but none as consequential perhaps as the agency's ...

In Part 1, we noted that financial institutions could find themselves potentially liable for committing an alleged Unfair, Deceptive, or Abusive Act or Practice (UDAAP) as a result of the actions of ...

This article is the last in a four-part series on the Consumer Finance Protection Bureau (CFPB) and the broad powers with which it is armed to regulate financial institutions under the Dodd-Frank Wall ...

The State Government Affairs Committee of the American Financial Services Association recently published a white paper detailing how state regulators and attorneys general are beginning to use their ...

Approximately half of more than 40 enforcement issues made public by the Consumer Financial Protection Bureau have alleged violations of the Unfair, Deceptive and Abusive Acts or Practices (UDAAP) ...

This column is part of a series of articles on the new Consumer Financial Protection Bureau and the upcoming wave of regulations affecting the consumer financial industry. There is little doubt that, ...

Unfair, Deceptive, or Abusive Acts or Practices (UDAAP) is truly the CFPB's wildcard as we have discussed in a . In today's post, we further review why companies are having such a hard time dealing ...

The prohibition of “unfair or deceptive acts and practices” by federal banking regulators is not new. First introduced via the 1938 Wheeler–Lea Act, with a significant expansion in 2004, the concept ...

In late June 2020, the Office of the Comptroller of the Currency issued a new booklet on “Unfair or Deceptive Acts or Practices and Unfair, Deceptive, or Abusive Acts or Practices” (the UDAAP booklet) ...

BOSTON, MA--(Marketwired - Sep 4, 2013) - WolfPAC Integrated Risk Management ®, a division of Wolf & Company, P.C., today announced that its successful Regulatory Compliance Risk Assessment online ...

The prohibition of “unfair or deceptive acts and practices” by federal banking regulators is not new. First introduced via the 1938 Wheeler–Lea Act, with a significant expansion in 2004, the concept ...

The prohibition of “unfair or deceptive acts and practices” by federal banking regulators is not new. First introduced via the 1938 Wheeler–Lea Act, with a significant expansion in 2004, the concept ...