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CFPB told to fix handling of private information
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Consumer Protection, Corporate Governance
Tuesday, January 19, 2016
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Despite the Consumer Financial Protection Bureau’s expansive data collection practices and its recent expansion of data reporting requirements under the Home Mortgage Disclosure Act – where covered entities will report data to the bureau – the CFPB has its own needs for improving data cataloguing and storage activities. Read on to find out what else KPMG LLP, a global audit, tax and advisory firm, found in its independent audit of the bureau.
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