The government’s attempt to ease the devastating economic fallout of the Covid‑19 pandemic created programs with millions of beneficiaries and thousands of intermediaries that play a role in distributing funds. Regulators of every stripe are communicating new expectations, and just as often, issuing guidance, rules, and regulations that change the way companies operate — with the threat of enforcement actions and litigation looming for those that don’t figure it out quickly.
Buckley's CFPB practice includes more than 40 partners and counsel who have advised on CFPB regulatory, examination, and enforcement matters.
The firm has advised or is still advising on more than 50 examinations, investigations, and enforcement actions in connection with CFPB rulemakings. On this page, we outline some of the knowledge, insights and observations we have developed based on our work on CFPB matters.
Buckley has unparalleled experience handling matters for financial institutions under the False Claims Act (FCA), the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA), and the Program Fraud Civil Remedies Act (PFCRA). Today, Buckley is representing financial services clients in approximately two dozen False Claims Act and FIRREA investigations by the Department of Justice, various U.S. Attorneys’ Offices, and federal agency Inspectors General.
Financial services firms now stand at the center of the most complex and exacting regulatory environment ever experienced, and Financial Crimes (“FinCrimes”) compliance is a growing imperative for institutions regardless of geographical footprint, products and services offered, or customer base. Not only is the FinCrimes compliance environment enormously complex, it is evolving so rapidly that yesterday’s approach may prove inadequate to mitigate today’s risk.
Welcome to the HMDA Resource Center, a one-stop shop for the CFPB's amendments to the Home Mortgage Disclosure Act (HMDA) reporting requirements, providing access to Buckley’s analysis of the amendments, developments surrounding the amendments and other materials that will facilitate implementation of the amendments.
Buckley provides regulatory, strategic advice and litigation advocacy to financial services clients on matters involving the full spectrum of privacy and data security issues affecting their business operations. Our attorneys assist clients in addressing privacy and data security issues by proactively identifying and managing risks to the organization and its customers, aggressively addressing data security incidents, and responding to regulatory examinations, enforcement actions and litigation involving privacy or data security compliance.
Welcome to the TRID Resource Center. This center is a one-stop shop for the Know Before You Owe TILA-RESPA Integrated Disclosure (“TRID”) rule issues, providing access to Buckley’s analysis of the TRID rule and the CFPB’s amendments to that rule, transcripts of CFPB webinars providing guidance on the rule, and other CFPB publications that will facilitate implementation of the rule.
Strong third-party oversight begins before a contract is signed and continues through the entire life cycle of the relationship. Buckley provides a full range of vendor management expertise, bringing to bear our extensive experience advising on issues involving loan servicing, affiliate marketing, add-on products and services, consumer protection, cloud computing, foreign-based service providers, data security, business process outsourcing, records management and retention, and all aspects of privacy law.