Don't Say We Didn't Warn You – A Summary of California's Revamped Consumer Financial Protection Penalties
By EsqSocial Corporation 18/01/21
Though the January 1, 2021, effective date of the California Consumer Financial Protection Law (CCFPL) has now passed, financial institutions continue to work through the intricacies of the expansive new regulations. As we have covered, the CCFPL extends California regulatory oversight to previously non-regulated FinTech companies, payday lenders, debt collectors, and other alternative financial service…...
By: Davis Wright Tremaine LLP