UDAAP Compliance Under CFPB Director Chopra. Pt. 2

COMPLY: The Marketing Compliance Podcast

COMPLY: The Marketing Compliance Podcast
UDAAP Compliance Under CFPB Director Chopra. Pt. 2
Jul 01, 2022 Season 1 Episode 6
PerformLine

 Today’s podcast is part two of a discussion had between Rhonda McGill, Sr. Director of Client Solutions at PerformLine and Tony Alexis, Partner at Goodwin Law and former Assistant Director and Head of the Office of Enforcement at the CFPB, where he developed and managed the CFPB’s enforcement strategy, consumer financial investigations and litigation. On today’s show Rhonda and Tony continue their discussion of UDAAP Compliance Under CFPB Director Chopra, specifically:

  • The CFPB's updated procedural rules that provide them with the authority to carry out enforcement actions in-house
  • Expectations on the States' enforcement of UDAAP
  • The role of a strong Compliance Management System (CMS) in UDAAP compliance