Compliance Resources
Take Action! is FNI's "All on one page" executive summary newsletter. You can CLICK HERE to join FNI's email list and get advance copies of FNI Newsletters. Take Action! launched the first week of April 2012, following the CFPB's release of guidance Bulletin 2012-03 which first defined and explained financial institutions' new compliance obligations around "Service Providers" and Bulletin 2012-06 which announced the Bureau's interest in and intentions towards "Add On" products.
Please note that Take Action! is not offered or intended as legal advice. Legal advice depends on facts and circumstances unique to each reader and is provided only subject to an executed Legal Services Agreement.
Santander BCFP GAP Consent Order Lessons
December 2018
New Add-On Product Exam Procedures
June 2015
Don't Fear CFPB Narrative Complaints
April 2015
New Guidance: Products & Vendors
June 2014
What's Next for Add-On Products?
February 2014
Product Hazards & Best Practices
October 2013
CFPB Links
Click HERE to visit the CFPB's Home Page at consumerfinance.gov and HERE to check out the CFPB's Complaint Database. Below you will find links to critical Product Compliance related resources from the Bureau.
Click Here to read CFPB Bulletin 2012-03 on
Service Providers
Click Here to read CFPB Bulletin 2012-06 on
Add-On Products
Click Here to read the CFPB Supervision & Examination Manual
Click Here to read the new CFPB Auto Finance Exam Procedures Manual