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CFPB | RIN: 3170-AA08 | Publication ID: Fall 2013 |
Title: Supervision of Larger Depository Institutions and Affiliates | |
Abstract: Under section 1025 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act), the CFPB is authorized to supervise insured depository institutions with total assets of more than $10 billion, their affiliates, and certain service providers for compliance with Federal consumer financial laws and for other purposes. Among other things, the Dodd-Frank Act calls for coordination between the CFPB and the prudential regulators in exercising their supervisory authorities. For certain smaller insured depository institutions, section 1026 of the Dodd-Frank Act authorizes the CFPB, among other things, to include examiners in examinations conducted by the prudential regulators to assess compliance with Federal consumer financial laws on a sampling basis. The CFPB withdraws as an agenda item at this time the development of proposed rules related to these provisions. | |
Agency: Consumer Financial Protection Bureau(CFPB) | Priority: Other Significant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Completed Actions |
Major: Undetermined | Unfunded Mandates: No |
CFR Citation: Not Yet Determined (To search for a specific CFR, visit the Code of Federal Regulations.) | |
Legal Authority: 12 USC 5515 12 USC 5516 |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: Undetermined | Government Levels Affected: None |
Federalism: No | |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Agency Contact: Christopher Young Office of Supervision Policy Consumer Financial Protection Bureau Washington, DC 20552 Phone:202 435-7555 |