The CFPB finalized revisions to the small business lending rule under Regulation B on May 1, 2026, which requires additional data collection from lenders.
What changed
New data points were added for improved transparency and reporting in small business lending.
Compliance perspective
Lenders must adjust their data collection and reporting processes to comply with the new requirements before the effective date.
Key date
Effective date: May 1, 2026.
Need help keeping up with these changes?
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