United States of America: Consumer Financial Protection Bureau closed consultation on proposed rule redefining standard for supervising nonbank financial companies
Description
Consumer Financial Protection Bureau closed consultation on proposed rule redefining standard for supervising nonbank financial companies
On 25 September 2025, the Consumer Financial Protection Bureau (CFPB) closed a consultation on a proposed rule redefining the standard for supervising nonbank financial companies. The rule offers a new, standardised definition for "risks to consumer…
Scope
Policy Area
Competition
Policy Instrument
Competition authority governance
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies), other service provider
Implementation Level
national
Government Branch
executive
Government Body
competition authority
Complete timeline of this policy change
Hide details
2025-08-26
in consultation
2025-09-25
processing consultation