Finanse i konsumenci · 30/12/2022

Consumer Financial Protection Bureau Adjusts Asset-Size Exemption Threshold for Banks and Credit Unions

The Consumer Financial Protection Bureau is updating its Regulation C guidelines to reflect a $4 million increase in the asset-size exemption threshold for banks, savings associations, and credit unions, based on the 8.6% rise in the Consumer Price Index for Urban Wage Earners and Clerical Workers, from $50 million to $54 million, exempting institutions with assets of $54 million or less as of December 31, 2022, from collecting data in 2023.