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federal_register: 2024-16245

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document_number title type abstract publication_date pub_year pub_month html_url pdf_url agency_names agency_ids excerpts regulation_id_numbers
2024-16245 Privacy Act of 1974; System of Records Notice In accordance with the Privacy Act of 1974, the Consumer Financial Protection Bureau (CFPB or Bureau) proposes to establish a new CFPB system of records titled, "CFPB.030--Nonbank Registry" (Nonbank Registry). Generally, "nonbanks" are institutions involved in the offering or provision of consumer financial products or services that are not insured depository institutions or insured credit unions (hereinafter referred to as "nonbanks"). The Nonbank Registry system of records covers information collected and maintained as part of the CFPB nonbank registration program. The Nonbank Registry enables certain nonbanks to register with the CFPB through the Bureau's Nonbank Registry portal and to provide additional required information and/or other required documents. The records maintained in the Nonbank Registry enables the CFPB to gather information from registered nonbanks; to monitor and identify consumer risks; to gather information and documents to conduct examinations of registered nonbanks subject to the CFPB's supervisory authority; and to ensure that registered nonbanks subject to the CFPB's supervisory authority are legitimate entities and able to perform their obligations to consumers, including their obligations under Federal consumer financial law. This newly established system of records will be included in the CFPB's inventory of records systems. 2024-07-24 2024 7 https://www.federalregister.gov/documents/2024/07/24/2024-16245/privacy-act-of-1974-system-of-records https://www.govinfo.gov/content/pkg/FR-2024-07-24/pdf/2024-16245.pdf Consumer Financial Protection Bureau 573 In accordance with the Privacy Act of 1974, the Consumer Financial Protection Bureau (CFPB or Bureau) proposes to establish a new CFPB system of records titled, "CFPB.030--Nonbank Registry" (Nonbank Registry). Generally, "nonbanks" are institutions...  

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