McGuireWoods’ Consumer Financial Protection Bureau (CFPB) and bank regulatory attorneys advise bank and nonbank clients in supervisory, enforcement and other matters involving the CFPB, other bank regulators and state attorneys general. Our attorneys also routinely provide advice on a wide array of regulatory compliance issues related to consumer financial products and services.
The CFPB team couples the firm’s considerable experience in the financial services industry with an exceptional group of attorneys from our consumer financial services litigation, banking and finance, and government investigations and white collar litigation practices.
McGuireWoods regularly represents many of the largest banks in the United States – as well as many regional and community banks – in litigation, enforcement, compliance and other matters. As a result, many of the firm’s lawyers have significant banking experience, and the firm’s ranks include the former general counsels of multiple banks. We regularly represent clients in a wide array of consumer financial services litigation matters, including significant class-action cases. We also represent many nonbank clients – including national retailers, telecommunications companies and other consumer-oriented businesses – that are impacted by CFPB activities.
Our deep bench includes two former state attorneys general, more than a dozen former federal and state prosecutors, a former U.S. senator and numerous other former government officials. When needed, we can bring to bear an extensive team of legislative and public policy professionals from McGuireWoods Consulting to aid our clients’ efforts to strategically transform public policy at the federal, state and local levels.
McGuireWoods attorneys represent and advise clients in compliance, enforcement and litigation matters involving the full range of consumer financial protection laws and regulations, including the Equal Credit Opportunity Act, Fair Debt Collection Practices Act, Fair Credit Reporting Act, Truth in Lending Act, Regulation Z, Fair Credit Billing Act, Real Estate Settlement Procedures Act, Telephone Consumer Protection Act, Gramm-Leach-Bliley Act, Fair Housing Act, Home Mortgage Disclosure Act, Federal Trade Commission Act, Community Reinvestment Act and the CFPB mortgage rules.
McGuireWoods’ CFPB and bank regulatory team is positioned to strategically advise financial services and other impacted companies on their consumer financial protection issues.
OCC’s Attempt at Clarifying “True Lender” Principle Met with Mixed Results
September 18, 2020
The New California Consumer Financial Protection Law
September 17, 2020
Mobile Banking Startup Varo Money Becomes First Fintech Company Granted National Bank Charter
August 4, 2020
New York, California and Illinois – the First to Challenge to the OCC’s Valid-When-Made Rule
August 3, 2020
New York Files Brief in Support of Dismantling OCC’s Fintech Charter
July 28, 2020