No More Excuses: Providers of Consumer Financial Products and Services Can No Longer Afford to Ignore Compliance Management
Unless companies are content to serve as fodder for future editions of the Consumer Financial Protection Bureau's (CFPB) Supervisory Highlights report and as the subjects of glowing CFPB press releases announcing eye-popping consumer recoveries and civil money penalties, they will finally make the investments that are necessary to effectively regulate their own conduct and to minimize the risks they pose to consumers.