CFPBFinal Rule
Procedures for Supervisory Designation Proceedings
Finance & Banking
Ad Space (leaderboard)
Summary
The Consumer Financial Protection Bureau (CFPB) has established new procedures for how it will formally designate certain financial companies as systemically important—meaning they're so large or interconnected that their failure could harm the entire financial system. These procedures set out the rules for how companies can be evaluated, what evidence will be considered, and how companies can appeal or challenge the CFPB's decisions.
Key Points
- 1The CFPB created a formal process for deciding which financial companies are important enough to require extra federal oversight and supervision
- 2Companies being considered for this designation will have the right to submit information, respond to evidence against them, and request a hearing before a final decision is made
- 3The regulation outlines what factors the CFPB will examine, such as a company's size, how interconnected it is with other financial institutions, and whether its failure would create serious risks
- 4Companies that disagree with a designation decision have the opportunity to appeal and request that the CFPB reconsider its determination
- 5This affects large financial companies, their customers, and the broader financial system by creating clearer rules about which institutions face stricter government monitoring
Key Dates
Published
September 25, 2025
This summary is for informational purposes only. It may not capture all nuances of the regulation. Always refer to the official text for authoritative information.
The Digest Network
Ad Space (rectangle)
Related Regulations
OCCFinance & Banking
Bank Appeals Process
IRSFinance & Banking
Updating Regulation References to Reflect Reorganizations at the Department of Justice and the Internal Revenue Service
FTCFinance & Banking