Procedures for Supervisory Designation Proceedings
Abstract
The Consumer Financial Protection Bureau (CFPB or Bureau) is updating the CFPB's procedures for designating nonbank covered persons for supervision, to conform to a recent organizational change and to further ensure that proceedings are fair, effective, and efficient for all parties.
Federal Register Source
This document is published by the Office of the Federal Register, National Archives and Records Administration. Access the full regulatory text, preamble, and docket comments below.
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Other Rules from CFPB
Frequently Asked Questions
What is the 2024-08430 Federal Register document?
Document 2024-08430 is a Final Rule published by the Consumer Financial Protection Bureau in the Federal Register on April 23, 2024, with an effective date of April 23, 2024. The Consumer Financial Protection Bureau (CFPB or Bureau) is updating the CFPB's procedures for designating nonbank covered persons for supervision, to conform to a recent organizational change and to further ensure that proceedings are fair, effective, and efficient for all parties. View the original at https://www.federalregister.gov/documents/2024/04/23/2024-08430/procedures-for-supervisory-designation-proceedings.
Is document 2024-08430 an economically significant rule?
No. Document 2024-08430 is not classified as economically significant under Executive Order 12866. Economically significant rules require OIRA review and are estimated to have impacts of $100 million or more per year.