United States of America: Consumer Financial Protection Bureau final rule rescinding 2022–2024 amendments to supervisory designation procedures enter into force

Description

Consumer Financial Protection Bureau final rule rescinding 2022–2024 amendments to supervisory designation procedures enter into force

On 25 October 2025, the Consumer Financial Protection Bureau (CFPB) final rule rescinding the amendments issued between 2022 and 2024 to its procedures for designating nonbank covered persons for supervision under 12 CFR Part 1091 enters into force.…

Scope

Policy Area
Consumer protection
Policy Instrument
Consumer protection authority governance
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies), other service provider
Implementation Level
national
Government Branch
executive
Government Body
consumer protection authority

Complete timeline of this policy change

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2025-09-25
adopted

On 25 September 2025, the Consumer Financial Protection Bureau (CFPB) adopted a final rule rescindi…

2025-10-25
in force

On 25 October 2025, the Consumer Financial Protection Bureau (CFPB) final rule rescinding the amend…