A Practical Guide to CFPB Compliance Examination Management
The Review of Banking & Financial ServicesSusanna K. Sedrak
CFPB compliance examinations tend to be more adversarial and yield more severe consequences for supervised entities than the banking industry has experienced with the prudential banking regulators. The authors describe what to expect and suggest practical steps - before, during, and after the examination - to help navigate the process.
Originally published in the Review of Banking & Financial Services. Reprinted with permission.