CFPB Circular and Remittance Warnings

CFPB Circular and Remittance Warnings

Go-To Guide: The Consumer Financial Protection Bureau (CFPB) has issued a new circular warning remittance transfer providers that false advertising about the cost or speed of sending remittance transfers may violate federal... Read more »
CFPB Releases Circular on Digital Comparison-Shopping Sites

CFPB Releases Circular on Digital Comparison-Shopping Sites

It was about this time last year that the CFPB issued similar guidance around digital comparison-shopping sites in the mortgage industry. That guidance was based on RESPA’s prohibition on steering to prevent operators... Read more »
Hong Kong SFC Issues Tokenized Security Act Circular

Hong Kong SFC Issues Tokenized Security Act Circular

On 2 November 2023, Hong Kong’s Securities and Futures Commission (SFC) issued a circular addressing the participation of intermediaries in tokenized securities-related activities (the Circular). The move was timely, as we are seeing... Read more »
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