Financial Institutions + Financial Services
Topics to include:
• Who is covered by the new requirements? • Various approaches that financial institutions may use to comply with the new requirements; • What are "material terms" & how to determine when they are "materially less favorable"; • What is a “substantial proportion” of your consumers; • Compliance methods used for determining which consumers must receive risk-based pricing notices; o When & how to issue a new risk-based pricing notice, including: o The required content of the notice; o Form of the notice; o The timing of the notice; and o The exceptions to use of the notice.
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