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Financial Services Law Insights and Observations
CFPB: Supervisory Obligations Trump Nondisclosure Agreements
As previously reported in our Special Alert on January 29, the CFPB issued Compliance Bulletin 2015-01, which reminds supervised financial institutions of their obligations concerning the disclosure of confidential supervisory information to the CFPB and to third parties. For more information, please visit our CFPB Resource Center.