United States of America: Data collection and report requirements in CFPB Rule on Small Business Lending under the Equal Credit Opportunity Act

Progress

Current status
revoked
12 May 2025 revoked
30 Mar 2023 adopted
06 Jan 2022 processing consultation
08 Oct 2021 in consultation

Scope

Implementers
United States of America
Policy Area
Data governance
Policy Instrument
Data protection regulation
Regulated Economic Activity
other service provider
Government Branch
executive
Government Body
consumer protection authority
other regulatory body
Implementation Level
national

Timeline of events

12 May 2025
revoked

Consumer Financial Protection Bureau withdrew Statement on Enforcement and Supervisory Practices Relating to Final Rule on Small Business Lending under the Equal Credit Opportunity Act including data collection and report requirements

On 12 May 2025, the Consumer Financial Protection Bureau (CFPB) announced the withdrawal of the Statement on Enforcement and Supervisory Practices Relating to the Rule on Small Business Lending under the Equal Credit Opportunity Act. The decision fo…

Event type order
Action type termination
Government branch executive
Government body consumer protection authority
30 Mar 2023
adopted

Published CFPB Final Rule on Small Business Lending under the Equal Credit Opportunity Act including data collection and report requirements

On 30 March 2023, the US Consumer Financial Protection Bureau (CFPB) published the final rule on “Small Business Lending under the Equal Credit Opportunity Act” under Section 1071 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The…

Event type order
Action type adoption
Government branch executive
Government body other regulatory body
06 Jan 2022
processing consultation

Closed consultation on CFPB Rule on Small Business Lending Data Collection Under the Equal Credit Opportunity Act including data collection and report requirements

On 6 January 2022, the US Consumer Financial Protection Bureau (CFPB) closed its consultation on a proposed rule on “Small Business Lending Data Collection Under the Equal Credit Opportunity Act” under Section 1071 of the Dodd-Frank Wall Street Refo…

Event type order
Action type consultation closed
Government branch executive
Government body other regulatory body
08 Oct 2021
in consultation

Opened consultation on CFPB Rule on Small Business Lending Data Collection Under the Equal Credit Opportunity Act including data collection and report requirements

On 8 October 2021, the US Consumer Financial Protection Bureau (CFPB) opened a consultation until 6 January 2022 on a rule on “Small Business Lending Data Collection Under the Equal Credit Opportunity Act” under Section 1071 of the Dodd-Frank Wall S…

Event type order
Action type consultation opened
Government branch executive
Government body other regulatory body