The CFPB will hold two virtual sessions later this month to answer questions about its Nonbank Enforcement Action Registry rule. The rule, issued in June 2024, will require certain nonbank entities to register certain covered administrative or court orders, and certain nonbank entities to comply with ongoing attestation requirements on the entity’s compliance with such orders
The two sessions—the first on December 11 and the second on December17—will feature staff from the bureau’s Nonbank Registration Team. The team will answer frequently asked regulatory questions the agency has received in implementation of the rule, including coverage-related questions. Both sessions will feature the same content, the bureau said.
On December 11, the RegCast will be held from 11:30 a.m. to 1 p.m. You may register for the session here.
On December 17, the RegCast will be held from 1 p.m. to 2:30 p.m. You may register for the session here.