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CFPB Wants Hints On How To Ease Examination Burdens

Law360 (February 14, 2018, 4:39 PM EST) -- The Consumer Financial Protection Bureau on Wednesday asked for input into ways that it can make its supervision and examination process less onerous for the companies that it oversees.

In the latest of a series of requests for information aimed at reshaping how the CFPB monitors consumer credit markets for problems and punishes companies when they arise, the bureau asked for guidance from regulated industries and other outside groups about ways to streamline its supervision and examination process.

While the bureau said in a statement that...
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