Section 1071 Compliance Guide
|
In March 2023, the Consumer Financial Protection Bureau released the 888-page finalized version of the small business lending rule pursuant to section 1071 of the Dodd Frank Act. Following the release of the finalized rule, the bureau released a 168-page compliance guide which offered examples and explanations of important aspects of the rule. These four articles offer a look at the most important parts of the rule and the explanations offered in the compliance guide.
Subscribe today for full access to exclusive compliance guide.
May 16, 2023
The Consumer Financial Protection Bureau issued a compliance guide for small entities that are to be subject to the Section 1071 small-business lending rule. The guide provides a detailed summary of the final rule’s requirements and provides details and examples when necessary to clarify and explain the different components and requirements of the final rule as it affects small entities.
June 1, 2023
The Consumer Financial Protection Bureau issued a compliance guide for small entities that are to be subject to Section 1071 small business lending rule. The guide provides a detailed summary of the final rule’s requirements and provides details and examples when necessary to clarify and explain the different components and requirements of the final rule as it affects small entities. This is a continuation of a previously posted article. This part will cover the specific reportable data points required under the final rule.
June 12, 2023
The Consumer Financial Protection Bureau issued a compliance guide for small entities that are to be subject to Section 1071 small business lending rule. The guide provides a detailed summary of the final rule’s requirements and provides details and examples when necessary to clarify and explain the different components and requirements of the final rule as it affects small entities.
June 16, 2023
The Consumer Financial Protection Bureau issued a compliance guide for small entities that are to be subject to Section 1071 small business lending rule. The guide provides a detailed summary of the final rule’s requirements and provides details and examples when necessary to clarify and explain the different components and requirements of the final rule as it affects small entities.